Shares of Nikola Corp. NKLA, -0.75% slumped 0.75% to $5.32 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.46% rising 0.46% to 31,656.42 and the NASDAQ Composite Index COMP, -0.26% falling 0.26% to 11,785.13. This was the stock’s fifth consecutive day of losses. Nikola Corp. closed $10.24 below its 52-week high ($15.56), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Thursday, as Paccar Inc. PCAR, -0.05% fell 0.05% to $87.47 and Oshkosh Corp. OSK, -0.25% fell 0.25% to $79.56. Trading volume (11.8 M) eclipsed its 50-day average volume of 10.2 M.