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Nov. 23, 2020, 4:36 p.m. EST

Tesla Inc. stock outperforms competitors on strong trading day

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Shares of Tesla Inc. TSLA rallied 6.58% to $521.85 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.22% to 11,880.63 and the Dow Jones Industrial Average DJIA rising 1.12% to 29,591.27. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $508.61, which the company reached on November 19th.

The stock outperformed some of its competitors Monday, as Toyota Motor Corp. ADR TM rose 0.80% to $143.26, General Motors Co. GM rose 4.02% to $44.77, and Honda Motor Co. Ltd. ADR HMC rose 1.15% to $29.11. Trading volume (48.9 M) eclipsed its 50-day average volume of 45.8 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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