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Shares of Nikola Corp. (NKLA) rose 3.48% to $2.38 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.99% to 11,285.32 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. The stock's rise snapped a five-day losing streak. Nikola Corp. closed $9.76 below its 52-week high ($12.14), which the company reached on December 27th.
The stock outperformed some of its competitors Wednesday, as Paccar Inc. (PCAR) fell 0.12% to $105.89 and Oshkosh Corp. (OSK) fell 0.89% to $92.91. Trading volume (8.4 M) remained 5.3 million below its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:12 ET (22:12 GMT)
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