Shares of Nikola Corp. NKLA, -0.47% dropped 0.47% to $10.62 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.82% rising 0.82% to 14,566.70 and the Dow Jones Industrial Average DJIA, +1.43% rising 1.43% to 34,326.46. Nikola Corp. closed $27.33 short of its 52-week high ($37.95), which the company achieved on November 24th.
The stock underperformed when compared to some of its competitors Friday, as Paccar Inc. PCAR, +0.67% rose 0.67% to $79.45 and Oshkosh Corp. OSK, +2.77% rose 2.77% to $105.21. Trading volume (6.7 M) remained 6.2 million below its 50-day average volume of 12.9 M.