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Tesla Inc. stock underperforms Friday when compared to competitors

MarketWatch logo MarketWatch 11/20/2020 MarketWatch Automation
© Terrence Horan

Shares of Tesla Inc. TSLA shed 1.93% to $489.61 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.42% to 11,854.97 and Dow Jones Industrial Average DJIA falling 0.75% to 29,263.48. The stock's fall snapped a three-day winning streak. Tesla Inc. closed $19.00 below its 52-week high ($508.61), which the company reached on November 19th.

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The stock underperformed when compared to some of its competitors Friday, as Toyota Motor Corp. ADR TM rose 0.86% to $142.13, General Motors Co. GM rose 0.51% to $43.04, and Honda Motor Co. Ltd. ADR HMC rose 1.16% to $28.78. Trading volume (32.7 M) remained 14.2 million below its 50-day average volume of 46.8 M.

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


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