Tiger Brokers

Tesla Inc. Stock Climbs 5.5%, Outperforms Peers

Dow Jones
3 hours ago

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

Shares of Tesla Inc. advanced 5.5% to $367.95 on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.1% to 26,370.89 and Dow Jones Industrial Average falling 0.7% to 53,185.90.

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

The stock outperformed some of its peers, as General Motors Co. rose 0.1% to $86.32, Ford Motor Co. rose 0.4% to $13.94, and NIO Inc. ADR fell 3.20% to $4.23.

Trading volume totaled 60.9 million, compared to the 50-day average of 39.5 million.

Data source: Dow Jones Market Data, FactSet

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