Tesla Inc. stock outperforms market on strong trading day

Tesla Inc. stock outperforms market on strong trading day

Company Close Updates

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Terrence Horan

Shares of Tesla Inc.

rallied 1.83% to $1,650.71 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average

rising 0.12% to 27,931.02 and the NASDAQ Composite Index

falling 0.21% to 11,019.30. This was the stock’s third consecutive day of gains. Tesla Inc. closed $144.28 short of its 52-week high ($1,794.99), which the company reached on July 13th.

The stock outperformed some of its competitors Friday, as Ford Motor Co.

rose 0.14% to $7.04, General Motors Co.

rose 1.13% to $27.86, and NIO Inc. ADR

fell 1.95% to $13.10. Trading volume (12.5 M) remained 1.2 million below its 50-day average volume of 13.7 M.

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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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