Around 11 August 2020, Tesla announced a stock split of 5 for 1. Each 1 share of Tesla is broken down into 5 shares. The share price of Tesla was around $1,380 (or $276 for the split share).
The stock split occurred on 30 August. The share price closed at $515. It had increased by 86% over 19 days.
The fundamentals of the stock had not changed during this period. The main reason for the large increase is the change in sentiment and the momentum.
7 comments:
Like I said, tesla is damn tricky to short even during normal times. It's one of those stocks where you either buy in, or stay away. Hope you manage to close your shorts without too painful a loss.
When anyone starts or buys a company, and its core is to give employment to Singaporeans and lose money, might as well stay home, and shake legs.
Private companies pay their own way, but society reinforces their expectations of what they should hire and how to behave. The is already a quota for Singaporeans/ Foreigners in place. Levies were imposed to discourage the hiring on foreigners. The rule of the game now is the best men win in job applications. Stop harping on why Singaporeans are not preferred. They may not be entitled but expect jobs to drop on their laps. Stop whining instead of doing something for your own selves on how to promote your own selves that you are best for that job you went to interview for and compromise! Jerks.
_*Wife to her Accountant Husband*_: ðē
_What is Inflation?_
_*Husband*: Earlier you were 36-24-36._
_But now you are
48-40-48._
_Though you have everything bigger than before, your value has become less than before._
_This is INFLATION .ð_
Sukar to employ good workers. They berfiker their pay is low in an attempt to measure against the cost of living.
Never fight a war on two fronts- employers and employees.
_*Accountancy Fact:*ðēððĪŠ_
_What is the difference between Liability & Asset?ð_
_A drunken Friend is a liability._
_But,_
_A drunken Girlfriend is an Asset._
ððððð
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