Tesla shares jump after ETF manager boosts price target_老虎社区_美港股上老虎

Tesla shares jump after ETF manager boosts price target

Dow Jones2021-03-22

MW Tesla shares jump after ETF manager boosts price target

Shares of Tesla Inc. $(TSLA)$ jumped 4% on the first trading day after one of the company's biggest fans upped its price target considerably. ARK Invest, an active manager of exchange-traded funds that feature Tesla, said it expected the company's shares to be worth $3,000 in 2025, up from roughly $681 Monday morning. ARK's flagship fund, the Innovation ETF $(ARKK)$, has 10% of its portfolio devoted to Tesla shares, as does the ARK Autonomous Technology & Robotics ETF $(ARKQ)$. The Innovation ETF was up more than 1% Monday, while the Autonomous Technology fund was flat.

-Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com

$(END)$ Dow Jones Newswires

March 22, 2021 10:45 ET (14:45 GMT)

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James33
·2021-03-22
Good move to boost the share upwards to sell off!!
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mintmochi
·2021-03-22
[财迷]
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