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Shares of Nikola Corp. (NKLA) slipped 3.38% to $2.86 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.85% to 10,564.52 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. Nikola Corp. closed $11.94 short of its 52-week high ($14.80), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Monday, as Paccar Inc. (PCAR) rose 0.02% to $99.14 and Oshkosh Corp. (OSK) rose 0.46% to $89.15. Trading volume (15.5 M) eclipsed its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:12 ET (22:12 GMT)
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