The shares of Tesla Inc. underperform on Monday compared to competitors

by

Shares of Tesla Inc. TSLA,
-6.49%
lost 6.49% to $ 649.86 Monday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.12%
increases 0.12% to 30,216.45 and the NASDAQ Composite Index COMP,
-0.10%
0.10% down to 12,742.52. The share decline broke a two-day winning streak. Tesla Inc. closed at $ 45.14 below the 52-week high of $ 695.00 the company hit on Dec. 18.

The stock underperformed compared to some of its competitors on Monday, such as Toyota Motor Corp. ADR TM,
-1.30%
fell 1.30% to $ 151.77, General Motors Co. GM,
+ 0.49%
rose 0.49% to $ 41.21, and Honda Motor Co. Ltd. ADR HMC,
-2.52%
declined 2.52% to $ 29.00. The trade volume (56.6 million) eclipsed the 50-day average volume of 43.4 million.

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.

.Source