Tesla Inc. stock outperforms market despite losses on the day

By MarketWatch Automation

MarketWatch

2022-01-25

https://img.particlenews.com/image.php?url=07C26b_0dveUHfg00 — Company Logo Terrence Horan

Shares of Tesla Inc.

slipped 1.25% to $918.40 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index

COMP,

-0.75%

falling 2.28% to 13,539.29 and Dow Jones Industrial Average

DJIA,

+0.04%

falling 0.19% to 34,297.73. This was the stock's third consecutive day of losses. Tesla Inc. closed $325.09 below its 52-week high ($1,243.49), which the company achieved on November 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Toyota Motor Corp. ADR

TM,

-1.97%

fell 0.35% to $197.01, General Motors Co.

GM,

-1.91%

fell 1.41% to $51.90, and Honda Motor Co. Ltd. ADR

HMC,

-1.35%

rose 0.98% to $29.82. Trading volume (28.2 M) eclipsed its 50-day average volume of 25.4 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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