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Shares of Tesla Inc. (TSLA) advanced 3.93% to $1,106.22 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.23% to 15,188.39 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. This was the stock's third consecutive day of gains. Tesla Inc. closed $137.27 below its 52-week high ($1,243.49), which the company achieved on November 4th.
The stock outperformed some of its competitors Wednesday, as Toyota Motor Corp. ADR (7203.TO) rose 2.33% to $206.61, General Motors Co. (GM) fell 0.70% to $61.03, and Honda Motor Co. Ltd. ADR (7267.TO) rose 0.99% to $30.64. Trading volume (27.3 M) eclipsed its 50-day average volume of 26.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
(END) Dow Jones Newswires
January 12, 2022 16:33 ET (21:33 GMT)
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