Tesla Motors CEO Elon Musk responds to the company’s first public offering on the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Shares of Tesla closed 13.12% higher on Wednesday as investors continued to announce the five-for-one stock split. The split changes nothing fundamentally to the …
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Jim Cramer of CNBC said Wednesday that Tesla’s decision to split its stake is beneficial to the market in general, as it could help young people become interested in buying individual shares. “Any value in the inventory created by this is false,” Cramer said on “Squawk Box.” “But I think …
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1. Stock futures rally as Wall Street tries to bounce back from first loss in eight sessions US stock futures looked sharp Wednesday as traders attempted to recover from a tech-led pullback in the previous session. The futures of the Dow Jones Industrial Average were up 261 points, or almost …
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An Albertsons store in Laguna Niguel, California Scott Mlyn | CNBC Vertical Farmer Plenty, an ag-tech unicorn backed by SoftBank, announced a partnership with Albertsons on Wednesday, marking the company’s first major retail sale. Under the multi-year agreement, Plenty 430 stores at Albertsons in California will provide four types of …
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Check out the companies that make headlines for the clock: Brinker International (EAT) – The parent of the Chili restaurant chain and Maggiano’s Little Italy reported an adjusted quarterly loss of 88 cents per share, less than the $ 1.37 loss that Wall Street analysts had predicted. Revenue came in …
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