Shares of Tesla Inc. TSLA,
rose 5.96% to $ 695.00 Friday, on what turned out to be an all-round dismal trading session for the stock market, with the NASDAQ Composite Index COMP,
down 0.07% to 12,755.64 and Dow Jones Industrial Average DJIA,
decreased by 0.41% to 30,179.05. This was the stock’s second consecutive day of profit. Tesla Inc. hit a new high in 52 weeks, surpassing its previous high of $ 658.82, which the company hit on Dec. 17.
The stock outperformed some of its competitors on Friday, such as Toyota Motor Corp. ADR TM,
fell 0.56% to $ 153.77, General Motors Co. GM,
Down 2.43% to $ 41.01, and Honda Motor Co. Ltd. ADR HMC,
rose 1.47% to $ 29.75. The trading volume (197.1 million) eclipsed the 50-day average volume of 39.6 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.