Tesla Inc. stock rises Monday, still underperforms market

© Terrence Horan


Load Error

Shares of Tesla Inc. TSLA inched 0.29% higher to $663.69 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.74% to 12,899.42 and the Dow Jones Industrial Average DJIA rising 0.68% to 30,403.97. This was the stock’s third consecutive day of gains. Tesla Inc. closed $31.31 short of its 52-week high ($695.00), which the company reached on December 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Toyota Motor Corp. ADR TM rose 1.42% to $152.60, General Motors Co. GM rose 0.19% to $41.66, and Honda Motor Co. Ltd. ADR HMC fell 0.56% to $28.40. Trading volume (31.5 M) remained 12.8 million below its 50-day average volume of 44.3 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

Continue Reading