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Feb. 23, 2021, 4:45 p.m. EST

Nikola Corp. stock falls Tuesday, underperforms market

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Shares of Nikola Corp. NKLA slipped 5.88% to $19.69 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.05% to 31,537.35 and the NASDAQ Composite Index COMP falling 0.50% to 13,465.20. This was the stock's second consecutive day of losses. Nikola Corp. closed $74.30 below its 52-week high ($93.99), which the company reached on June 9th.

The stock underperformed when compared to some of its competitors Tuesday, as Paccar Inc. PCAR fell 1.43% to $93.33, Oshkosh Corp. OSK rose 6.14% to $109.62, and Navistar International Corp. NAV fell 0.02% to $44.12. Trading volume (9.9 M) remained 6.1 million below its 50-day average volume of 15.9 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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