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2021-03-22

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Tesla shares jump after ETF manager boosts price target

MW Tesla shares jump after ETF manager boosts price target Shares of Tesla Inc. $(TSLA)$ jumped

Tesla shares jump after ETF manager boosts price target

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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 $681 Monday morning. ARK's flagship fund, the Innovation ETF <a href=\"https://laohu8.com/S/ARKK\">$(ARKK)$</a>, has 10% of its portfolio devoted to Tesla shares, as does the ARK Autonomous Technology &amp; Robotics ETF <a href=\"https://laohu8.com/S/ARKQ\">$(ARKQ)$</a>. 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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 $681 Monday morning. ARK's flagship fund, the Innovation ETF <a href=\"https://laohu8.com/S/ARKK\">$(ARKK)$</a>, has 10% of its portfolio devoted to Tesla shares, as does the ARK Autonomous Technology &amp; Robotics ETF <a href=\"https://laohu8.com/S/ARKQ\">$(ARKQ)$</a>. The Innovation ETF was up more than 1% Monday, while the Autonomous Technology fund was flat. \n</p>\n<p>\n  -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 22, 2021 10:45 ET (14:45 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121700179","content_text":"MW Tesla shares jump after ETF manager boosts price target\n\n\n  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. \n\n\n  -Andrea Riquier; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  March 22, 2021 10:45 ET (14:45 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}