Shares of Nikola Corp. NKLA, -6.50% shed 6.50% to $9.93 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.05% rising 0.05% to 14,942.83 and the Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 36,068.87. The stock’s fall snapped a two-day winning streak. Nikola Corp. closed $20.47 below its 52-week high ($30.40), which the company achieved on January 27th.
The stock underperformed when compared to some of its competitors Monday, as Paccar Inc. PCAR, -1.13% fell 1.13% to $92.36 and Oshkosh Corp. OSK, -0.13% fell 0.13% to $119.61. Trading volume (20.1 M) eclipsed its 50-day average volume of 14.9 M.