After a historic rally that baffled many investors and analysts, Tesla stock had one of its worst days in years Wednesday, plummeting nearly 20%. Shares were trading at $823 when markets opened Wednesday, but fell to $734 by closing time, a more than 17% dro…
Read More
Month: February 2020
NewsWatch: Here’s why the next 10% stock move is likely to be down, warns Miller Tabak’s top strategist
Our call of the day comes from Miller Tabak + Co.s lead strategist Matt Maley, who says individual investors should stop trying to chase this rally, or they risk running into a 10% drop. See full story. Twitter stock gains after first $1 billion revenue quar…
Read More
This is how Tesla ranks compared with other popular technology stocks
Who doesnt want to own a stock that doubles in a month? Tesla TSLA, +1.25% did just that, soaring to almost $1,000. Still, it has not been an easy stock to analyze. Investors face a twin set of difficulties. First, many smart people are divided into t…
Read More
Here’s what investors may be overlooking about Tesla
One of the original Tesla Roadsters in a Chicago showroom. Tesla Inc. stock on Thursday resumed its march upward after faltering at the open, and a known Tesla bull has just issued a list of potential pitfalls on the Silicon Valley car makers way. Gene Mun…
Read More
Elon Musk Loses $5.9 Billion as Tesla Succumbs to the Laws of Gravity
Elon Musk’s fortune is coming back down to Earth. After an epic six-day rally, Tesla Inc. shares tumbled 17% Wednesday, the most in eight years, cutting the chief executive officer’s fortune by $5.9 billion. The stock had surged to a record close of $887.0…
Read More