Shares of Nikola Corp. NKLA slipped 2.55% to $22.90 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.14% to 14,007.70 and the Dow Jones Industrial Average DJIA falling 0.03% to 31,375.83. This was the stock's fourth consecutive day of losses. Nikola Corp. closed $71.09 below its 52-week high ($93.99), which the company achieved on June 9th.
The stock underperformed when compared to some of its competitors Tuesday, as Paccar Inc. PCAR rose 2.73% to $99.41, Oshkosh Corp. OSK rose 0.61% to $98.29, and Navistar International Corp. NAV rose 0.11% to $44.17. Trading volume (12.9 M) remained 7.4 million below its 50-day average volume of 20.4 M.