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Shares of Nikola Corp. (NKLA) shed 2.92% to $2.99 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.54% to 11,183.66 and Dow Jones Industrial Average falling 0.12% to 33,553.83. Nikola Corp. closed $10.95 below its 52-week high ($13.94), which the company achieved on November 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Paccar Inc. (PCAR) rose 0.60% to $103.40 and Oshkosh Corp. (OSK) fell 2.12% to $91.67. Trading volume (8.4 M) remained 5.6 million below its 50-day average volume of 14.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:12 ET (22:12 GMT)
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