Tiger Brokers

Tesla Inc. Stock Rises 5.4%, Outperforms Peers

Dow Jones
2 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tesla Inc. advanced 5.4% to $376.37 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.4% to 26,584.06 and the Dow Jones Industrial Average rising 1.2% to 53,686.11.

This was the stock's second consecutive day of gains.

Tesla Inc. closed 24.6% below its 52-week high of $498.83, which the company reached on December 22nd.

The stock outperformed some of its peers, as General Motors Co. rose 2.8% to $87.22, Ford Motor Co. rose 1.9% to $14.41, and NIO Inc. ADR remained unchanged.

Trading volume totaled 62.2 million, compared to the 50-day average of 39.0 million.

Data source: Dow Jones Market Data, FactSet

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