Previous Close | 242.00 |
Open | 242.00 |
Bid | 238.00 |
Ask | 258.00 |
Strike | 1,160.00 |
Expire Date | 2022-09-16 |
Day's Range | 242.00 - 242.00 |
Contract Range | N/A |
Volume | |
Open Interest | 2 |
Yahoo Finance's Jared Blikre looks at the day's market gains, sector actions, JPMorgan Chase in the banking industry, travel stocks, and Nasdaq leaders.
Last week, electric vehicle powerhouse Tesla (NASDAQ: TSLA) was in the headlines for all the wrong reasons. The S&P 500 ESG Index, which is composed of companies that have carbon-neutral and socially responsible strategies in place, conducted its annual rebalancing in May and booted Tesla out. It was a blow for the company that prides itself on driving the green revolution, but according to S&P Global, it still falls short in other areas.
Stock splits have no impact on revenue or earnings, nor do they affect the valuation or market capitalization of a business. Not everyone has the money to buy a full share of higher-priced stocks like Tesla (NASDAQ: TSLA) or Shopify (NYSE: SHOP) right now. Of course, short-term tailwinds often make for a poor investment thesis, but Tesla and Shopify are both high-quality businesses with plenty of long-term potential.