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Shares of Nikola Corp. (NKLA) slid 4.53% to $2.74 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.01% to 11,146.06 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's third consecutive day of losses. Nikola Corp. closed $9.46 short of its 52-week high ($12.20), which the company reached on November 19th.
The stock underperformed when compared to some of its competitors Friday, as Paccar Inc. (PCAR) rose 0.35% to $103.87 and Oshkosh Corp. (OSK) rose 0.79% to $92.18. Trading volume (9.5 M) remained 4.3 million below its 50-day average volume of 13.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 17:11 ET (22:11 GMT)
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