Tesla shares plunge as it fails to make it into S&P 500 index

By on
Tesla shares plunge as it fails to make it into S&P 500 index

Adds to broader sell-off of tech stocks.

Tesla tumbled as much as 20 percent on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks, which have dominated Wall Street's recovery from the coronavirus-driven crash earlier this year. Wall Street analysts and investors ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
500 finance index sp tesla

Sponsored Whitepapers

The risky business of open source
The risky business of open source
Ensure your e-signatures are legally binding
Ensure your e-signatures are legally binding
Mitigating open source risk in your organisation
Mitigating open source risk in your organisation
How to choose a WAF that's right for you
How to choose a WAF that's right for you
The global telco 5G cloud gaming opportunity
The global telco 5G cloud gaming opportunity

Events

Most Read Articles

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it
Accellion hack behind Reserve Bank of NZ data breach

Accellion hack behind Reserve Bank of NZ data breach
Google unravels state-of-art Android and Windows exploit chains

Google unravels state-of-art Android and Windows exploit chains
Tyro halts trading following week-long outage

Tyro halts trading following week-long outage
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?