Tesla stock price soars after IPO | Electric Car Shares Debut in IPO | Steady IPO Holds the Price of Kicking Tires
NEW YORK — Shares of Tesla Motors Inc. surged in their first day of trading on Tuesday, gaining more than 20 percent after the company raised more than expected in its initial public offering of stock.
Investors snapped up shares of the electric car maker even as the broader markets took a beating. Tesla shares were up $4.10, or 24 percent, to $21.10 in afternoon trading after hitting a high of $21.50 earlier in the session. (more…)
tags: Tesla stock price soars after IPO | Electric Car Shares Debut in IPO | Steady IPO Holds the Price of Kicking Tires
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June 30th, 2010
R.V
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