Trading News

Good News for Tesla Investors: The Stock Is Now Oversold.

0

Good News for Tesla Investors: The Stock Is Now Oversold. | Barron’s

Shares of electric-vehicle leader


Tesla

have gone through just a brutal stretch lately. It’s been painful for the bulls, but they might be getting some relief soon.


Tesla

(ticker: TSLA) stock dropped another 2.9% Tuesday, closing at $216.50 while the


S&P 500

and


Nasdaq Composite

finished down 0.7% and 1.1%, respectively. Shares are down a whopping 25% since Sept. 28, just before the company released weaker-than-expected third-quarter-delivery numbers.

I joined the ‘Great Resignation’ a few months ago—here’s how it’s working out

Previous article

Cameco Stock Tumbles on Agreement to Buy Stake in Nuclear Services Company Westinghouse Electric

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Trading News