Tesla Inc. stock outperforms competitors despite losses on the day
Shares of Tesla Inc.
sank 0.92% to $649.26 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 0.36% to 14,684.60 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. This was the stock's second consecutive day of losses. Tesla Inc. closed $251.14 below its 52-week high ($900.40), which the company achieved on January 25th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Toyota Motor Corp. ADR
fell 0.94% to $177.99, General Motors Co.
fell 2.47% to $55.64, and Honda Motor Co. Ltd. ADR
fell 1.14% to $31.31.true Trading volume (15.0 M) remained 10.4 million below its 50-day average volume of 25.4 M.
More on: www.marketwatch.com