Tesla Inc. Stock Advances 5.2%, Outperforms Peers

Dow Jones04:33

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

Shares of Tesla Inc. rallied 5.2% to $391.62 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.8% to 26,169.38 and the Dow Jones Industrial Average rising 0.3% to 52,361.58.

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

Tesla Inc. closed 21.5% short of 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. rose 0.5% to $76.31, Ford Motor Co. fell 0.2% to $11.58, and NIO Inc. ADR fell 0.91% to $3.26.

Trading volume totaled 52.7 million, compared to the 50-day average of 37.4 million.

Data source: Dow Jones Market Data, FactSet

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