Nikola Corp. Stock Falls Thursday, Underperforms Market
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Shares of Nikola Corp. (NKLA) shed 6.31% to $1.04 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 34,500.73 and the NASDAQ Composite Index falling 0.89% to 13,748.83.
This was the stock's third consecutive day of losses.
Nikola Corp. closed $4.54 short of its 52-week high ($5.58), which the company achieved on September 14th.
Trading volume (45.4 M) remained 35.3 million below its 50-day average volume of 80.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2023.
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September 07, 2023 17:31 ET (21:31 GMT)
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