Shares of Nikola Corp. NKLA slid 8.22% to $18.10 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.56% to 13,192.34 and the Dow Jones Industrial Average DJIA falling 1.50% to 30,932.37. This was the stock's second consecutive day of losses. Nikola Corp. closed $75.89 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 Friday, as Paccar Inc. PCAR fell 1.87% to $90.99, Oshkosh Corp. OSK fell 2.30% to $106.00, and Navistar International Corp. NAV fell 0.14% to $44.06. Trading volume (15.2 M) remained 372,203 below its 50-day average volume of 15.5 M.