Shares of Tesla Inc. /zigman2/quotes/203558040/composite TSLA +2.75% slumped 0.79% to $655.29 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -0.03% rising 0.92% to 14,631.95 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% rising 0.83% to 34,798.00. The stock's fall snapped a two-day winning streak. Tesla Inc. closed $245.11 below its 52-week high ($900.40), which the company reached on January 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR /zigman2/quotes/200537742/composite TM -0.12% rose 0.88% to $179.68, General Motors Co. /zigman2/quotes/205226835/composite GM +0.60% rose 1.60% to $57.05, and Honda Motor Co. Ltd. ADR /zigman2/quotes/207173990/composite HMC +0.49% rose 0.48% to $31.67. Trading volume (13.7 M) remained 11.3 million below its 50-day average volume of 25.1 M.