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Tesla Surges 19% On News Of Stock Split

Video Credit: Wochit News
Published on August 13, 2020 - Duration: 00:32s

Tesla Surges 19% On News Of Stock Split

On Tuesday, Tesla announced it will enact a five-for-one stock split on its shares at the end of August.

The company has rallied since the announcement.

On Wednesday, shares of the automaker jumped 13%.

The stock climbed as much as 4% Thursday.

The stock split doesn't change anything about the company fundamentally.

Business Insider reports the split will appeal to smaller investors.

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Related news from verified sources

** Β· *Tesla has rallied since the company announced on Tuesday that it will enact a five-for-one stock split on its shares at the end of August.Β * Β·...
on August 13, 2020 • Business Insider

Tesla (NASDAQ:TSLA) shares further accelerated on Friday as it was upgraded by analysts at heavyweight Bank of America (BofA), who have become increasingly...
on August 14, 2020 • Proactive Investors

Β· *Tesla stock rallied as much as 7% in early Wednesday trading after the company revealed a five-for-one stock split scheduled for August 28.* Β· *Every Tesla...
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