Nikola Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Nikola Corp. (NKLA) slid 2.52% to $1.55 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.23% to 13,678.19 and Dow Jones Industrial Average falling 0.31% to 34,517.73.
The stock's fall snapped a three-day winning streak.
Nikola Corp. closed $3.15 below its 52-week high ($4.70), which the company achieved on September 20th.
Trading volume (148.3 M) eclipsed its 50-day average volume of 99.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2023.
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September 19, 2023 17:30 ET (21:30 GMT)
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