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  • after much hype over its entry into this and P 500.

  • Shares of Tesla dropped in their debut on the index Monday, pulling back from record high levels as the overall market dropped Monday over worries of a fast spreading new coronavirus strain in Britain.

  • Tesla's stock was among the biggest drags on the S and P, down about 5% in morning trade.

  • Still, on Monday, it became the most valuable company ever admitted toe, Wall Street's main benchmark.

  • Last Friday, Tesla's shares jumped 6% as index tracking managers rushed to add shares to their funds.

  • Since mid November, when Tesla's debut and S and P 500 was announced, shares have surged some 70% and so far in 2020 they have soared about 700% putting Tesla's market value at about $630 billion and making it the sixth most valuable publicly listed US company.

  • Tesla's Monday debut came as all 11 Major S and P sectors fell, with energy shares leading declines as crude prices slipped on concerns of waning fuel demand.

after much hype over its entry into this and P 500.

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B1 tesla debut monday index valuable dropped

Tesla shares slump in S&P 500 debut

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    林宜悉 posted on 2020/12/23
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