Tesla Inc. Stock Rallies 3.8%, Outperforms Peers

Dow Jones04:34

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

Shares of Tesla Inc. rose 3.8% to $368.06 on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.1% to 26,430.89 and the Dow Jones Industrial Average falling 0.1% to 51,966.03.

The stock's rise snapped a five-day losing streak.

Tesla Inc. closed 26.2% below its 52-week high of $498.83, which the company achieved on December 22nd.

The stock outperformed some of its peers, as General Motors Co. fell 1.4% to $82.75, Ford Motor Co. fell 2.0% to $12.18, and NIO Inc. ADR fell 1.17% to $3.39.

Trading volume totaled 38.6 million, compared to the 50-day average of 36.3 million.

Data source: Dow Jones Market Data, FactSet

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