Shares of Nikola Corp. NKLA, -2.00% slipped 2.00% to $7.84 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.71% rising 0.71% to 35,160.79 and the NASDAQ Composite Index COMP, -1.22% falling 1.22% to 13,453.07. Nikola Corp. closed $11.68 below its 52-week high ($19.52), which the company achieved on June 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as Paccar Inc. PCAR, +1.98% rose 1.98% to $87.60 and Oshkosh Corp. OSK, +0.16% rose 0.16% to $99.66. Trading volume (6.2 M) remained 6.9 million below its 50-day average volume of 13.1 M.