DJ Nikola Corp. Stock Falls Monday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Nikola Corp. $(NKLA)$ cratered 32.42% to $0.26 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the NASDAQ Composite Index falling 1.21% to 19,286.92.
This was the stock's fourth consecutive day of losses.
Nikola Corp. closed 99.26% short of its 52-week high of $34.50, which the company reached on April 1st.
Trading volume (46.6 M) eclipsed its 50-day average volume of 21.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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(END) Dow Jones Newswires
February 24, 2025 17:30 ET (22:30 GMT)
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