, which crashed 21% on Tuesday alone, lost $109 billion in the past three sessions. Facebook lost $89 billion.Tesla rebounded in Wednesday's premarket after its worst single-day loss ever. However, shares of the electric auto maker were still up nearly 300% in 2020 as of Tuesday's close.
Tesla's dizzying climb this year had it up as much as 500% at $502 per share when it reached all time highs on Sept. 1, the day after its 5-for-1 stock split took effect. Since then, as of Tuesday's close, the stock tanked 34%, well into a bear market as defined by a decline of at least 20% from recent highs.Shares of U.K.-based
a dead cat bounce ?
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Dow drops 600 points as tech stocks fall again, Nasdaq down 10% in 3 daysIt was another rough day for the market as tech shares faced pressure following their worst sell-off in more than five months last week. Here's how the major averages performed: - The Dow fell 632 points. - The S&P 500 lost 2.78%. - The Nasdaq fell 4.1%. Weird how Trump never talks about the stock market when it loses big. But then acts like he's making it rain money whenever it recovers what it lost as if it never went down to begin with. Kinda like he claims to have created millions of jobs recently from the recently lost jobs.
Source: CNBC - 🏆 12. / 72 Read more »
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Source: AP - 🏆 728. / 51 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: cnnbrk - 🏆 393. / 55 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »