Tesla Inc. inventory fell behind the market on Wednesday

Stocks of Tesla Inc. TSLA, -2.26%, lost 2.26% on Wednesday to $ 644.65 in what turned out to be an all-round great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.01 % rose 0.01% to 14,665.06 and the Dow Jones Industrial Average DJIA, + 0.30% rose 0.30% to 34,681.79. This was the second consecutive day of losses for the stock. Tesla Inc. closed $ 255.75 below its 52-week high ($ 900.40) that the company hit on January 25th.

The stock underperformed some of its peers on Wednesday, including Toyota Motor Corp. ADR TM, + 0.41% rose 0.41% to US $ 175.65, General Motors Co. GM, -1.51% fell 1.51% to US $ 56.59, and Honda Motor Co. Ltd ADR HMC , + 0.16% rose 0.16% to $ 32.07. The trading volume (18.7 million) remained 8.0 million below its 50-day average volume of 26.7 million.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

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