DJ Nikola Corp. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Nikola Corp. $(NKLA)$ slid 3.95% to $0.58 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.44% to 39,056.39 and the NASDAQ Composite Index falling 0.18% to 16,302.76.
This was the stock's third consecutive day of losses.
Nikola Corp. closed $3.13 short of its 52-week high ($3.71), which the company achieved on August 3rd.
Trading volume (85.4 M) remained 13.1 million below its 50-day average volume of 98.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2024.
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(END) Dow Jones Newswires
May 08, 2024 17:31 ET (21:31 GMT)
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