Tesla Inc
NASDAQ: TSLA
$332.89
-$5.34 (-1.6%)
Closing Price on November 27, 2024
TSLA Articles
Two venerable meme stocks took a beating on Monday and were off to a weak start Tuesday.
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A couple of Cathie Wood's ARK Invest exchange-traded funds sold over 25,000 shares of Tesla on December 10.
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An electric motorcycle spin-off and a Time magazine Person of the Year get the week off to a busy start.
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A newly revealed Department of Justice investigation into short selling could have a ripple effect on meme stocks, many of which benefit from short squeezes to lift their share prices.
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CEO stock sales have had a negative effect on share prices for a couple of well-known meme stocks.
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Some of Cathie Wood's ARK Invest exchange-traded funds sold over 40,000 shares of Tesla on December 9.
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Tesla is in a bit of hot water with U.S. regulators, and nobody seems to want to own stock in Southeast Asia's superapp, except the big guys that already control nearly 50% of the shares.
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Meme stocks, like most U.S. equities, had a good day Tuesday and were off to a positive start in premarket trading Wednesday.
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Tuesday afternoon's top analyst upgrades and downgrades included Alibaba, Apple, AstraZeneca, Canopy Growth, CNX Resources, Murphy Oil, Ross Stores and Tesla.
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One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 34,000 shares of Tesla on December 6.
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Reduced concern for the impact of the Omicron variant of the coronavirus lifted stocks higher on Monday. The effect appeared to be continuing in Tuesday's premarket trading.
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A couple of SEC investigations have cooled off share prices for some popular meme stocks.
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One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 120,000 shares of Tesla on December 3.
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A couple of Cathie Wood's ARK Invest exchange-traded funds sold over 80,000 shares of Tesla on December 2.
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Tuesday's market meltdown didn't miss meme stocks. But there were a few stocks that weathered the storm pretty well.
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