Tesla Inc. stock outperforms competitors on a good trading day

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Shares of Tesla Inc. TSLA,
+ 1,95%
rose 1.95% to $ 387.79 on Thursday, on what turned out to be a favorable trading session for the stock market, with the NASDAQ Composite Index COMP,
+ 0,36%
up 0.37% to 10,672.27 and the Dow Jones Industrial Average DJIA,
+ 0,19%
up 0.20% to 26,815.44. The stock’s rise broke a two-day losing streak. Tesla Inc. closed $ 114.70 below its 52-week high ($ 502.49), which the company hit on September 1.

The title outperformed some of its rivals on Thursday, such as Ford Motor Co. F,
+ 0,30%
rose 0.30% to $ 6.66, General Motors Co. GM,
-0,78%
fell 0.78% to $ 29.11, and NIO Inc. ADR NIO,
-0,61%
was down 0.61% to $ 17.85. Trade volume (95.3 M) eclipsed its 50-day average volume of 77.3 Mio. Click here to let us know what you think of this content.

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

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