COMPANY CLOSE UPDATES
Shares of Tesla Inc. inched 0.01% higher to $709.74 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.55% to 14,761.29 and the Dow Jones Industrial Average rising 0.80% to 35,116.40. This was the stock’s fifth consecutive day of gains. Tesla Inc. closed $190.66 below its 52-week high ($900.40), which the company reached on January 25th.
Video: If Tesla can get to the tangential businesses, market cap could remain ‘very significant’: Analyst (CNBC)
The stock underperformed when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR rose 2.24% to $185.95, General Motors Co. rose 1.49% to $57.88, and Honda Motor Co. Ltd. ADR rose 1.01% to $32.86. Trading volume (21.5 M) remained 1.4 million below its 50-day average volume of 22.8 M.
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