Shares of Nikola Corp. NKLA, -7.69% slipped 7.69% to $2.16 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.01% rising 1.01% to 11,256.81 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,108.64. Nikola Corp. closed $9.98 below its 52-week high ($12.14), which the company reached on December 27th.
Trading volume (31.0 M) eclipsed its 50-day average volume of 11.6 M.