Tesla Inc. stock rises Thursday, still underperforms market

Tesla Inc. stock rises Thursday, still underperforms market

Shares of Tesla Inc.
inched 0.52% higher to $714.63 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 0.78% to 14,895.12 and the Dow Jones Industrial Average
rising 0.78% to 35,064.25. This was the stock’s seventh consecutive day of gains. Tesla Inc. closed $185.77 short of its 52-week high ($900.40), which the company achieved on January 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR
rose 0.37% to $182.86, General Motors Co.
rose 3.26% to $54.44, and Honda Motor Co. Ltd. ADR

remained unchanged. Trading volume (12.8 M) remained 9.6 million below its 50-day average volume of 22.4 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Source link

What do you think?


Leave a Reply

Your email address will not be published.

      Apple Maps partner Yelp will allow businesses to state COVID-19 vaccination policies

      How To Unlink Instagram From Facebook & Why It’s Worth Doing