Shares of Tesla Inc.
took a -10% dive 10.34% to $380.36 Wednesday, on what proved to be an all-around tough buying and selling session for the stock market, with the NASDAQ Composite Index
falling 3.02% to 10,632.99 and Dow Jones Industrial Common
falling 1.92% to 26,763.13. This was the stock’s second consecutive day of losses. Tesla Inc. closed $122.13 under its 52-week excessive ($502.49), which the corporate reached on September 1st.
The stock underperformed when in comparison with a few of its rivals Wednesday, as Ford Motor Co.
fell 2.06% to $6.64, Normal Motors Co.
fell 0.34% to $29.34, and NIO Inc. ADR
fell 6.60% to $17.96. Buying and selling quantity (92.Zero M) eclipsed its 50-day common quantity of 77.Zero M. Click on right here to tell us what you consider this content material.
Editor’s Observe: This story was auto-generated by Automated Insights utilizing knowledge from Dow Jones and FactSet. See our market knowledge phrases of use.