Tesla shares in trading frenzy ahead of S&P 500 debut
The shares have surged about 70% since mid-November, when its debut in the S&P 500 was announced, and have soared 700% so far in 2020
19 December 2020 - 13:36
New York — Shares of Tesla, headed by billionaire Elon Musk, rose to a new high in a frantic day of trading as investors geared up for the electric carmaker's entrance into the benchmark S&P 500 index.
On Monday, the company will become the most valuable ever admitted to Wall Street's main benchmark, accounting for over 1% of the index. The shares have surged about 70% since mid-November, when its debut in the S&P 500 was announced, and have soared 700% so far in 2020...
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