/Tesla Inc. stock underperforms Wednesday when compared to competitors – MarketWatch

Tesla Inc. stock underperforms Wednesday when compared to competitors – MarketWatch


Shares of Tesla Inc.
TSLA,
-2.72%

slipped 2.73% to $568.82 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.20%

rising 0.20% to 29,883.79 and the NASDAQ Composite Index
COMP,
-0.04%

falling 0.05% to 12,349.37. Tesla Inc. closed $38.98 below its 52-week high ($607.80), which the company reached on November 30th.

The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR
TM,
+0.14%

rose 0.15% to $136.34, General Motors Co.
GM,
-0.22%

fell 0.22% to $44.58, and Honda Motor Co. Ltd. ADR
HMC,
+2.71%

rose 2.72% to $29.13. Trading volume (45.6 M) eclipsed its 50-day average volume of 41.3 M.

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