Shares of Nikola Corp. NKLA, -4.88% slid 4.88% to $0.70 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.41% falling 0.41% to 16,207.51 and Dow Jones Industrial Average DJIA, -0.25% falling 0.25% to 38,989.83.
This was the stock’s third consecutive day of losses.
Nikola Corp. closed $3.01 below its 52-week high ($3.71), which the company achieved on August 3rd.
Trading volume (100.7 M) eclipsed its 50-day average volume of 98.3 M.