Why Tesla Stock Rose Sharply on Wednesday
Shares of electric-car company Tesla (NASDAQ: TSLA) jumped on Wednesday, rising as much as 10.5%. As of 10:15 a.m. EDT, however, the stock was up about 6%.
The stock's gain followed its sharpest-ever one-day drop on Tuesday. The stock's rise today, therefore, suggests some investors think shares were oversold.
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Source Fool.com
