Nikola Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Nikola Corp. (NKLA) slid 5.13% to $1.11 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.06% to 13,872.47 and Dow Jones Industrial Average falling 0.57% to 34,443.19.
This was the stock's second consecutive day of losses.
Nikola Corp. closed $4.47 short of its 52-week high ($5.58), which the company achieved on September 14th.
Trading volume (32.5 M) remained 48.6 million below its 50-day average volume of 81.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023.
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September 06, 2023 17:32 ET (21:32 GMT)
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