DJ Nikola Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Nikola Corp. $(NKLA)$ rallied 1.76% to $0.67 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the NASDAQ Composite Index falling 0.12% to 15,865.25.
The stock's rise snapped a six-day losing streak.
Nikola Corp. closed $3.04 short of its 52-week high ($3.71), which the company reached on August 3rd.
Trading volume (82.7 M) remained 17.6 million below its 50-day average volume of 100.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.
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(END) Dow Jones Newswires
April 16, 2024 17:31 ET (21:31 GMT)
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