Tesla short sellers $2 billion in the red for June as shares soar
Wednesday, 13 June 2018 NEW YORK (Reuters) - The surging share price for automaker Tesla Inc this month has slammed short-sellers of the stock with more than $2 billion in losses on paper so far in June, according to financial analytics firm S3 Partners.
According to Reuters, Tesla CEO Elon Musk bought 72,500 shares of the company's common stock on Wednesday. In multiple transactions, Musk reportedly bought them at between $342.44 and $347.44 per share. Musk, who is the electric car maker’s largest shareholder already, now owns 33.74 million Tesla...
Business Insider reports Blue Apron hit a record low of $1.50 a share on Tuesday. The meal-kit maker announced it was launching a pilot program for on-demand delivery. The pilot program would only be..
SYDNEY (Reuters) - Asian shares fell for a sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over..