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Shares of Nikola Corp. (NKLA) inched 0.68% higher to $2.96 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.28% to 10,475.25 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a three-day losing streak. Nikola Corp. closed $11.84 short of its 52-week high ($14.80), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Friday, as Paccar Inc. (PCAR) rose 2.21% to $99.12 and Oshkosh Corp. (OSK) rose 2.51% to $88.74. Trading volume (15.2 M) eclipsed its 50-day average volume of 13.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:12 ET (21:12 GMT)
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