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May 19, 2022, 4:32 p.m. EDT

Tesla Inc. stock underperforms Thursday when compared to competitors

MarketWatch Automation

Shares of Tesla Inc. (NAS:TSLA) sank 0.05% to $709.42 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) falling 0.26% to 11,388.50 and Dow Jones Industrial Average (DOW:DJIA) falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Tesla Inc. closed $534.07 short of its 52-week high ($1,243.49), which the company achieved on November 4th.

The stock underperformed when compared to some of its competitors Thursday, as Toyota Motor Corp. ADR (NYS:TM) rose 0.26% to $155.89, General Motors Co. (NYS:GM) rose 0.81% to $36.12, and Honda Motor Co. Ltd. ADR (NYS:HMC) rose 1.92% to $25.01. Trading volume (29.8 M) eclipsed its 50-day average volume of 26.4 M.

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

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