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Tesla Inc. stock rises Friday, outperforms market

by author
October 22, 2022
in Markets
Reading Time: 1 min read
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Shares of Tesla Inc.
TSLA,
+3.45%
rallied 3.45% to $214.44 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+2.31%
rising 2.31% to 10,859.72 and the Dow Jones Industrial Average
DJIA,
+2.47%
rising 2.47% to 31,082.56. Tesla Inc. closed $200.06 below its 52-week high ($414.50), which the company achieved on November 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Toyota Motor Corp. ADR
TM,
+0.39%
rose 0.39% to $133.76, General Motors Co.
GM,
+4.67%
rose 4.67% to $35.00, and Honda Motor Co. Ltd. ADR
HMC,
+1.52%
rose 1.52% to $22.00. Trading volume (74.0 M) eclipsed its 50-day average volume of 68.4 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.

Tags: Alternative Fuel Vehiclesarticle_normalAutomotiveCommodity/Financial Market NewsContent TypesCorporate/Industrial NewsEquity MarketsFinancial PerformanceMotor VehiclesShare Price Movement/Disruptions
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