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Nikola Corp. stock falls Thursday, underperforms market

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Terrence Horan

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Shares of Nikola Corp. NKLA, -0.04% shed 1.41% to $11.19 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.13% rising 1.73% to 14,823.43 and the Dow Jones Industrial Average DJIA, -0.25% rising 1.56% to 34,912.56. This was the stock's second consecutive day of losses. Nikola Corp. closed $26.76 short of its 52-week high ($37.95), which the company reached on November 24th.

The stock underperformed when compared to some of its competitors Thursday, as Paccar Inc. PCAR, -0.63% rose 2.84% to $86.53 and Oshkosh Corp. OSK, -0.64% rose 3.02% to $100.88. Trading volume (8.6 M) remained 2.9 million below its 50-day average volume of 11.5 M.

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