Shares of Tesla Inc.
rallied 7.84% to $880.02 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 1.03% to 13,201.98 and the Dow Jones Industrial Average
rising 0.18% to 31,097.97. This was the stock’s 11th consecutive day of gains. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $816.99, which the company achieved on January 7th.
The stock outperformed some of its competitors Friday, as Toyota Motor Corp. ADR
rose 0.12% to $152.85, General Motors Co.
fell 0.60% to $43.06, and Honda Motor Co. Ltd. ADR
rose 0.04% to $28.18. Trading volume (74.3 M) eclipsed its 50-day average volume of 44.9 M.
Go to the news source: Tesla Inc. stock outperforms competitors on strong trading day