Shares of Nikola Corp. NKLA inched 0.11% higher to $18.12 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 3.01% to 13,588.83 and the Dow Jones Industrial Average DJIA rising 1.95% to 31,535.51. The stock's rise snapped a two-day losing streak. Nikola Corp. closed $75.87 short of its 52-week high ($93.99), which the company achieved on June 9th.
The stock underperformed when compared to some of its competitors Monday, as Paccar Inc. PCAR rose 3.00% to $93.72, Oshkosh Corp. OSK rose 4.39% to $110.65, and Navistar International Corp. NAV rose 0.50% to $44.28. Trading volume (10.3 M) remained 5.2 million below its 50-day average volume of 15.5 M.