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Shares of Tesla Inc. TSLA,
slipped 5.02% to $ 793.53 on Friday, on what turned out to be a bad trading session for the stock market, with the NASDAQ Composite Index COMP,
down 2.00% to 13,070.69 and Dow Jones Industrial Average DJIA,
down 2.03% to 29,982.62. It was the share’s third consecutive day of losses. Tesla Inc. closed $ 106.87 below its 52-week high ($ 900.40), which the company reached on January 25.
The stock underperformed some of its rivals on Friday, like Toyota Motor Corp. ADR TM,
fell 1.94% to $ 140.52, General Motors Co. GM,
fell 0.71% to $ 50.68, and Honda Motor Co. Ltd. ADR HMC,
fell 1.74% to $ 26.48. Transaction volume (34.4 million) remained 12.7 million below its 50-day average volume of 47.1 million euros.
Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.
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