/Tesla Inc. stock rises Wednesday, outperforms market – MarketWatch

Tesla Inc. stock rises Wednesday, outperforms market – MarketWatch


Shares of Tesla Inc.
TSLA,
+10.19%

surged 10.20% to $486.64 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.82%

falling 0.82% to 11,801.60 and Dow Jones Industrial Average
DJIA,
-1.15%

falling 1.16% to 29,438.42. This was the stock’s second consecutive day of gains. Tesla Inc. closed $15.85 short of its 52-week high ($502.49), which the company reached on September 1st.

The stock outperformed some of its competitors Wednesday, as Toyota Motor Corp. ADR
TM,
-0.63%

fell 0.64% to $141.83, General Motors Co.
GM,
+1.76%

rose 1.76% to $42.72, and Honda Motor Co. Ltd. ADR
HMC,
-2.09%

fell 2.09% to $28.58. Trading volume (77.1 M) eclipsed its 50-day average volume of 47.0 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.

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