[Stock Prediction] How will Tesla close on Friday 26th August？
Tesla 's 3-for-1 split will take effect after the close of trading on Wednesday, Aug. 24. Investors will be able to buy and sell shares on a post-split basis for the first time on the morning of Thursday, Aug. 25. How will Tesla close on Friday 26th August？stock splits don’t affect a company’s total market capitalization because the price of each share will reflect the split. Stock splits don't have a fundamental impact on a company's business, but investors nevertheless often see them as a positive sign of optimism. Lower share prices can make it easier for small investors to buy shares.
Since 1980, stocks that have split have typically gained about 25% one year after the move, compared with the broader market’s 9% increase, according to a Bank of America Corp. analysis as of March.
Tesla enacted a 5-for-1 stock split about two years ago. The company’s last split, a 5-1 split, was in August 2020. Following that split, Tesla’s stock price surged 60% from the day of the announcement until its execution.
Last Friday, with the release of "hawkish" remarks by Fed officials, the market expected the Fed to continue to raise interest rates, and US stocks fell sharply, especially technology stocks. On Monday, the US stock market continued its decline last Friday, with the Dow falling 1.9% and the S&P 500 index and Nasdaq Composite Index falling more than 2%.
Several unprofitable tech startups were valued largely based on investor expectations of strong growth, making them especially susceptible to higher borrowing costs. Fed Chairman Jerome Powell will address his colleagues Friday at 10 a.m. ET at the Fed’s annual symposium in Jackson Hole, Wyoming. This year’s focus at the Kansas City Fed-sponsored event will be “Reassessing Constraints on the Economy and Policy.”
Market participants will be looking for clear guidance about how far policymakers are looking to push the inflation fight, what the criteria will be and what might be the consequences from the fight. In addition, it affects the stock price of the entire market, including Tesla.
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How will Tesla close on Friday 26th August？(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
It will be very interesting to see $Tesla Motors(TSLA)$ options movement!
$特斯拉(TSLA)$
今日特斯拉收盘报889.36点，较昨日上涨2.26%。随着股票拆分的发生，特斯拉的价格将在296英镑左右。
股票拆分通常对公司有利。特斯拉的股票拆分并没有使其更有价值，但肯定会提高散户投资者的需求，他们以前买不起特斯拉。如果新投资者推高价格，使股票更容易出售，特斯拉员工也将受益。
我看好特斯拉，并预测周五收盘时股价将在300至310之间。
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