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Tesla Closed At Lowest Level In Two Years Thursday

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Business Insider reports Tesla reported a larger first-quarter loss than expected, and stocks closed at their lowest closing price in 2 years. Tesla stock fell 4.3% to its lowest closing price since March of 2017, closing at $247.63 a share on Thursday. Tesla was down 25% so far this year, including Thursday's drop. Matt Maley, an equity strategist at the firm Miller Tabak, wrote in a note to clients Thursday, "We're a little surprised that this is not getting more attention today... because this is a well-known support level around the street."

Added on the 25/04/2019 16:49:41 - Copyright : Wochit

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