Text size Tesla stock is more than 40% above its 50-day moving average. Sean Gallup / Getty Images After a short break Wednesday after a 5-day rally that added more than $ 500, or 36%, to the share price, Tesla shares were on the move again, up nearly $ 100, …
Read More »Here’s a novelty explanation for why Tesla Stock is big
Text size Tesla numbers came in much better than expected for several quarters. Spencer Platt / Getty Images Tesla stock market hit $ 1,923 shortly after opening Tuesday – another record – adding to the company’s incredible year. Shares were up 3.5% to $ 1,900.00 later Tuesday morning. The stock …
Read More »Tesla’s stock rises to another record after Wedbush analyst raises goal to 4th highest on Street
Shares of Tesla Inc. rose to a second straight record on Monday, following Wedbush analyst Dan Ives’ goal to rise to the fourth-highest on Wall Street, with signs of a faster demand in China. But while its target represents a 15% rally above Friday’s record high of $ 1,650.71, Ives …
Read More »Novavax stock jumps on vaccinated deal with South Korean firm
Text size Andrey Rudakov / Bloomberg Novavax said it has a deal with SK Bioscience to produce the antigen component of its Covid-19 vaccine candidate during the pandemic period. The stock jumped more than 9% Thursday morning. Novavax (ticker: NVAX) said its development and supply agreement with the South Korean …
Read More »A story of two $ 2 billion Chinese IPOs leading in very different directions
KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
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