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Tesla Inc. stock falls Monday, underperforms market

MarketWatch
MarketWatch
 2022-01-24

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Shares of Tesla Inc. (TSLA) slid 1.47% to $930.00 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index (COMP) rising 0.63% to 13,855.13 and the Dow Jones Industrial Average (DJIA) rising 0.29% to 34,364.50. This was the stock's second consecutive day of losses. Tesla Inc. closed $313.49 short of its 52-week high ($1,243.49), which the company reached on November 4th.

The stock underperformed when compared to some of its competitors Monday, as Toyota Motor Corp. ADR (TM) fell 1.04% to $197.70, General Motors Co. (GM) fell 1.20% to $52.64, and Honda Motor Co. Ltd. ADR (HMC) fell 0.84% to $29.53. Trading volume (50.3 M) eclipsed its 50-day average volume of 24.8 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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