Shares of Nikola Corp. /zigman2/quotes/208704275/composite NKLA +3.24% slipped 2.30% to $10.20 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +2.41% falling 2.51% to 14,806.81 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.07% falling 0.49% to 36,113.62. This was the stock's second consecutive day of losses. Nikola Corp. closed $20.20 below its 52-week high ($30.40), which the company achieved on January 27th.
The stock underperformed when compared to some of its competitors Thursday, as Paccar Inc. /zigman2/quotes/207923670/composite PCAR +1.29% rose 3.00% to $95.32 and Oshkosh Corp. /zigman2/quotes/200559252/composite OSK -0.55% rose 3.30% to $122.88. Trading volume (31.2 M) eclipsed its 50-day average volume of 15.1 M.