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Shares of Tesla Inc. TSLA,
edged up 0.70% to $ 850.45 on Wednesday, on what turned out to be a great trading session for the stock market, with the NASDAQ COMP Composite Index
up 1.97% to 13,457.25 and the Dow Jones Industrial Average DJIA,
up 0.83% to 31,188.38. It was the share’s second straight day of gains. Tesla Inc. closed $ 34.04 below its 52-week high ($ 884.49), which the company reached on January 8.
The stock underperformed some of its rivals on Wednesday, such as Toyota Motor Corp. ADR TM,
increased 1.25% to $ 149.98, General Motors Co. GM,
rose 1.86% to $ 55.86 and Honda Motor Co. Ltd. ADR HMC,
rose 1.71% to $ 27.95. Transaction volume (24.9 million) remained 21.9 million below its 50-day average volume of 46.8 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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