Shares of Tesla Inc.
ran up 2.7% in morning trading, to buck the broader weakness among the electric vehicle maker’s peer group and the stock market. The stock’s rally comes after it slumped 5.1% on Friday, following a 19.8% rally over the previous two weeks. If the stock rallies at least another 2.8%, to close at or above $258.59, it will close at least 20% above the Aug. 18 closing low of $215.49. Many on Wall Street define a bull market as a rally of at least 20% off a significant, bear-market low. The Aug.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares fall back amid selling of China property sharesShares have slipped in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares fall back amid selling of China property sharesShares have slipped in Asia after U.S. markets were closed for the Labor Day holiday.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares fall back amid selling of China property sharesShares have slipped in Asia after U.S. markets were closed for the Labor Day holiday.
Source: wjxt4 - 🏆 246. / 63 Read more »
Visa Inc. Cl A stock rises Friday, outperforms marketShares of Visa Inc. Cl A inched 0.99% higher to $248.11 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P...
Source: MarketWatch - 🏆 3. / 97 Read more »