Tesla shares jump 5.5% to $367.95 amid month gain
Tesla shares rose 5.5%, closing at $367.95, and are up 18% for the month after falling 26% in July. The move reportedly came without Wall Street upgrades or price-target changes.
By Robert TeitelmanOn Monday, shares of Tesla jumped 5.5%, closing at $367.95, up 18% for the month after dropping 26% in July.
Why the rise? There were no Wall Street upgrades or price-target changes.
One Global exchange-traded fund co-founder Gary Black speculated investors might be anticipating…