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Added on the 05/03/2021 05:33:52 - Copyright : Auto Moto EN
Madrid, Apr 27 (EFE) .- The Ibex 35, the main index of the Spanish Stock Market, has risen by 0.63% on Tuesday, driven one more day by banks, and has reached the highest level since the beginning of March 2020, before the coronavirus crisis broke out.FOOTAGE OF THE SPANISH STOCK MARKET IN MADRID
Tiffany Wood has been an active 'super user' seller on Poshmark since 2015, and her loyalty has truly paid off. According to Business Insider, Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. In a leaked email, Poshmark let super users know the company had reserved 330,000 shares that they, and their friends and family, could purchase. The max buy was 150 shares. Wood bought 149 shares at $42 a share--the initial share price. On day one, her stock went up to a value of $14,378. By the market's close on Friday, shares were trading at $83.20. Wood's stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled!
Business Insider reports that Tesla's stock price skyrocketed 740% in 2020. The Wall Street is split on where the shares will move next. JPMorgan sees the electric vehicle company plummeting 87% to $90 a share in 2021. Meanwhile Goldman Sachs has a 12-month price target of $780 for Tesla. Wedbush rates the stock "neutral," with a 12-month price target of $715, and a bull case price of $1000. CFRA Research senior equity strategist has a "hold" rating on Tesla and a 12-month price target of $750. RBC Capital Markets has a $339 price target for Tesla, more than a 50% drop from current levels.
Tesla short-sellers saw $38 billion in mark-to-market losses throughout 2020, Bloomberg reported Thursday, citing S3 Partners data. Short interest in the company's shares plunged to less than 6% of Tesla's float from nearly 20% at the start of last year. The losses trounce the $2.9 billion total seen in 2019 and come on the back of Tesla's 740% surge over the past 12 months. Investors betting against Tesla lost billions last year, as the automaker's shares leaped above nearly all estimates.
Jakarta, Nov 12 (EFE/EPA).- According to media reports, Indonesia has fallen into a recession for the first time in 22 years due to effects of the coronavirus pandemic. The central statistics agency (BPS) announced the country's economy contracted by 3.49 percent in the third quarter of 2020. (Camera: BAGUS INDAHONO)SHOT LIST: STOCK MARKET MONITORS AT THE INDONESIA STOCK EXCHANGE IN JAKARTA, INDONESIA.