Tesla stock drops, after just missing bull-market threshold

Shares of Tesla Inc.

dropped 5.0% in afternoon trading, enough to pace the S&P 500’s consumer discretionary sector’s losers, in the wake of reports the electric vehicle giant cut prices in China for the second time in two weeks. The selloff comes after the stock closed at a four-week high of $258.08 on Thursday. The stock has been on a bit of a roller coaster over the past few months. After soaring 66% in two months to close July 18 at a 10-month high of $293.34, it tumbled 26.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Berkshire Hathaway Inc. Cl B stock outperforms market on strong trading dayShares of Berkshire Hathaway Inc. Cl B inched 0.77% higher to $361.06 Wednesday, on what proved to be an all-around favorable trading session for the stock...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Alphabet Inc. Cl A stock rises Wednesday, outperforms marketShares of Alphabet Inc. Cl A inched 0.97% higher to $135.88 Wednesday, on what proved to be an all-around great trading session for the stock market, with...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Apple Inc. stock rises Wednesday, outperforms marketShares of Apple Inc. advanced 1.92% to $187.65 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »