Nikola Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Nikola Corp. (NKLA) slipped 4.64% to $0.87 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.29% to 13,813.59 and the Dow Jones Industrial Average falling 0.20% to 34,575.53.
The stock's fall snapped a two-day winning streak.
Nikola Corp. closed $4.71 below its 52-week high ($5.58), which the company reached on September 14th.
Trading volume (68.4 M) remained 16.8 million below its 50-day average volume of 85.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2023.
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September 13, 2023 17:32 ET (21:32 GMT)
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