Tesla Surges 19% On News Of Stock Split
- 4 years ago
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.
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.