DJ Nikola Corp. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Nikola Corp. $(NKLA)$ plummeted 26.73% to $0.72 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.68% to 16,442.20 and the Dow Jones Industrial Average falling 0.01% to 38,459.08.
This was the stock's fourth consecutive day of losses.
Nikola Corp. closed $2.99 below its 52-week high ($3.71), which the company reached on August 3rd.
Trading volume (291.4 M) eclipsed its 50-day average volume of 94.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 11, 2024.
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(END) Dow Jones Newswires
April 11, 2024 17:31 ET (21:31 GMT)
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