Stock Market
Tesla Is Finally Falling. Blame Options, Traders, and Inflation.
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After eight straight gains,
Tesla
stock is down. There is no smoking gun to blame Friday’s drop on. Shares just hit $200 too soon, driven by everything from stock chart patterns to options traders to ballooning investor expectations heading into a big event.
Tesla
stock has dropped 5.8% Friday, while the
S&P 500
is little changed and the
Nasdaq Composite
is off 0.8%.
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