Tesla stock’s ‘meteoric’ rally comes to a halt
January 10, 2020
Tesla stock’s ‘meteoric’ rally comes to a halt. Tesla stock loses some of its luster on Thursday with one analyst downgrading it and calling it “fully valued.” , Source: MarketWatch
Tesla, Inc. (TSLA) stock closed at 481.34 -10.80 (-2.19%) on Thursday, January 9, 2020. It has made a huge rally, fromt he lows of $220 to almost $500 per share. One of the momentum stocks. Stock market made a rally in 2019, and this stock’s rally was impresive during the last 3 months of 2020. Caution now at these extreme levels for Tesla stock.