Shares of Tesla Inc. TSLA rallied 2.84% to $755.98 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 1.44% to 30,829.40 and the NASDAQ Composite Index COMP falling 0.61% to 12,740.79. This was the stock’s ninth consecutive day of gains. Tesla Inc. hit a new 52-week high, surpassing its previous peak of $744.49, which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR TM rose 0.08% to $153.53, General Motors Co. GM rose 3.17% to $42.98, and Honda Motor Co. Ltd. ADR HMC rose 2.32% to $28.24. Trading volume (43.9 M) remained 129,102 below its 50-day average volume of 44.0 M.