Education Tech Firm PowerSchool Slumps on Short Seller Report [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
LLC said it's betting against the company as it sees significant downside for the stock. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding Tesla Asks Investors to Approve Musk's $56 Billion Pay Again China Tells Iran Cooperation Will Last After Attack on Israel What If Fed Rate Hikes Are Actually Sparking US Economic Boom? Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Shares of the education technology company slipped as much as 12% in intraday trading Wednesday, the biggest decline since August 2023, after the short report was released. That extended year-to-date losses to more than 25%. The Folsom, California-based company currently has a market value of about $3.7 billion. “We expect the Company's share price to underperform the broader education and technology industries,” Spruce Point said in the report on Wednesday. It estimates a 30% to 60% downside drop to its share price from Tuesday's close. PowerSc
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- Elon Musk reportedly sacked Tesla's entire Supercharger team, including his top female manager [Fortune]Fortune
- Stock market today: US futures hit pause with Fed in focus, Amazon earnings on deck [Yahoo! Finance Canada]Yahoo! Finance Canada
TSLA
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- 4/23/24 - Beat
TSLA
Sec Filings
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- TSLA's page on the SEC website