Tesla Inc. stock performs as a brand on strong trading day


Shares of Tesla Inc. TSLA,
+ 1.83%
rallyed 1.83% to $ 1,650.71 Friday, over what proved to be a very mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.12%
increasing 0.12% to 27,931.02 and the NASDAQ Composite Index COMP,
-0.21%
decreased 0.21% to 11,019.30. This was the third consecutive day of profit on the stock market. Tesla Inc. closed $ 144.28 short of its 52-week high ($ 1,794.99), which the company reached on July 13th.

The stock performed better than some of its competitors Friday, such as Ford Motor Co. F,
+ 0.14%
rose 0.14% to $ 7.04, General Motors Co. GM,
+ 1.12%
rose 1.13% to $ 27.86, and NIO Inc. ADR NIO,
-1.94%
fell 1.95% to $ 13.10. Trading volume (12.5 M) remained 1.2 million below its 50 day average volume of 13.7 M.

Click here to let us know what you think about 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.

.