Tesla shares surge to new high on S&P 500 inclusion
Tesla shares surge to new high on S&P 500 inclusion The elevation of Elon Musk’s electric carmaker to the premier U.S. stock market index had been expected to prompt a heavy volume of trading, but the price swings still caught some investors off guard. (Jack Plunkett / Associated Press) Financial Times Tesla shares went on a wild ride in the final hour of trading on Friday before closing at another record high, as investors scrambled to obtain the shares ahead of the company’s inclusion in the Standard & Poor’s 500 index. The elevation of Elon Musk’s electric car maker to the ...
Source: latimes.com