Nikola Corp. Stock Falls Monday, Underperforms Market

Dow Jones12-17

DJ Nikola Corp. Stock Falls Monday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Nikola Corp. $(NKLA)$ plunged 17.48% to $1.18 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.24% to 20,173.89 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.

This was the stock's third consecutive day of losses.

Nikola Corp. closed $33.32 below its 52-week high ($34.50), which the company achieved on April 1st.

Trading volume (16.9 M) eclipsed its 50-day average volume of 6.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 16, 2024 17:25 ET (22:25 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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