Shares of Nikola Corp. NKLA slid 9.33% to $1.22 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.64% to 19,756.78 and the Dow Jones Industrial Average DJIA rising 1.24% to 44,025.81.
Nikola Corp. closed 96.48% short of its 52-week high of $34.50, which the company achieved on April 1st.