Tesla Inc. stock rises Thursday, still underperforms market

Tesla Inc. stock rises Thursday, still underperforms market

Shares of Tesla Inc. TSLA, +0.30% inched 0.31% higher to $1,489.58 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.99% rising 1.00% to 11,108.07 and the Dow Jones Industrial Average DJIA, +0.68% rising 0.68% to 27,386.98. Tesla Inc. closed $305.41 short of its 52-week high ($1,794.99), which the company reached on July 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Ford Motor Co. F, -0.43% fell 0.43% to $6.93, General Motors Co. GM, +1.10% rose 1.10% to $26.62, and NIO Inc. ADR NIO, -0.57% fell 0.57% to $13.84. Trading volume (5.9 M) remained 7.6 million below its 50-day average volume of 13.5 M.

Share:
error: Content is protected !!