DJ Nikola Corp. Stock Falls Thursday, Underperforms Market
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Shares of Nikola Corp. $(NKLA)$ tumbled 12.80% to $0.60 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.50% to 19,945.64 and the Dow Jones Industrial Average rising 0.77% to 44,711.43.
The stock's fall snapped a three-day winning streak.
Nikola Corp. closed 98.25% short of its 52-week high of $34.50, which the company achieved on April 1st.
Trading volume (15.8 M) remained 1.4 million below its 50-day average volume of 17.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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February 13, 2025 17:27 ET (22:27 GMT)
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