Shares of Nikola Corp. NKLA slipped 6.26% to $20.36 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.72% to 13,865.36 and Dow Jones Industrial Average DJIA falling 0.38% to 31,493.34. This was the stock's second consecutive day of losses. Nikola Corp. closed $73.63 short of its 52-week high ($93.99), which the company reached on June 9th.
The stock underperformed when compared to some of its competitors Thursday, as Paccar Inc. PCAR fell 1.24% to $94.85, Oshkosh Corp. OSK fell 2.18% to $97.00, and Navistar International Corp. NAV fell 0.02% to $44.08. Trading volume (7.5 M) remained 9.0 million below its 50-day average volume of 16.4 M.