Tesla’s stock pulls back slightly, a day after soaring to add about $80 billion to the EV maker’s market cap

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Shares of Tesla Inc. pulled back 0.6% in premarket trading Tuesday, a day after the electric vehicle maker’s market capitalization ballooned by $79.6 billion...

Shares of Tesla Inc.

pulled back 0.6% in premarket trading Tuesday, a day after the electric vehicle maker’s market capitalization ballooned by $79.6 billion on the back of an analyst upgrade. So far in Tuesday’s premarket session, Tesla’s stock has been down as much as 1.2% and down as little as 0.4%. On Monday, the stock had run up $25.08, or 10.1%, the biggest one-day percentage gain in eight months, and enough to break through recent technical resistance into bull-market territory.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 3. in BUSİNESS

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.

Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley By ReutersTesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley
Source: Investingcom - 🏆 450. / 53 Read more »