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Tesla Inc. stock outperforms competitors on strong trading day

by author
November 1, 2022
in Markets
Reading Time: 1 min read
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Shares of Tesla Inc.
TSLA,
+0.12%
inched 0.12% higher to $227.82 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.89%
falling 0.89% to 10,890.85 and Dow Jones Industrial Average
DJIA,
-0.24%
falling 0.24% to 32,653.20. Tesla Inc. closed $186.68 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 Tuesday, as Toyota Motor Corp. ADR
TM,
-2.63%
fell 2.63% to $135.16, General Motors Co.
GM,
+0.25%
rose 0.25% to $39.35, and Honda Motor Co. Ltd. ADR
HMC,
+0.66%
rose 0.66% to $22.97. Trading volume (62.3 M) remained 7.1 million below its 50-day average volume of 69.3 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: article_normalC&E Exclusion FilterC&E Industry News FilterCommodity/Financial Market NewsContent TypesCorporate/Industrial NewsEquity MarketsFactiva FiltersFinancial PerformanceShare Price Movement/Disruptions
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