Shares of Tesla Inc.
TSLA,
slid 4.15% to $423.43 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 1.27% to 10,910.28 and Dow Jones Industrial Average
DJIA,
falling 0.47% to 27,901.98. This was the stock’s second consecutive day of losses. Tesla Inc. closed $79.06 below its 52-week high ($502.49), which the company achieved on September 1st.
The stock underperformed when compared to some of its competitors Thursday, as Ford Motor Co.
F,
rose 3.70% to $7.28, General Motors Co.
GM,
rose 0.41% to $31.92, and NIO Inc. ADR
NIO,
rose 1.53% to $19.30. Trading volume (75.8 M) remained 3.9 million below its 50-day average volume of 79.7 M.
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Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
Read More: Tesla Inc. stock underperforms Thursday when compared to competitors