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Shares of Tesla Inc. (TSLA) shed 6.63% to $864.51 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 32,803.47 and the NASDAQ Composite Index falling 0.50% to 12,657.55. The stock's fall snapped a seven-day winning streak. Tesla Inc. closed $378.98 below its 52-week high ($1,243.49), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Friday, as Toyota Motor Corp. ADR (7203.TO) rose 0.41% to $157.31, General Motors Co. (GM) fell 0.47% to $36.06, and Honda Motor Co. Ltd. ADR (7267.TO) fell 1.34% to $25.02. Trading volume (37.4 M) eclipsed its 50-day average volume of 30.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2022.
(END) Dow Jones Newswires
August 05, 2022 16:33 ET (20:33 GMT)
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