Scalper1 News
Tesla Motors (TSLA) shares regained some ground as the company on Thursday said it will issue $500 million more in common stock to “accelerate the growth of its business.” Secondary offerings are often viewed negatively in that they dilute investors’ ownership. (Shake Shack (SHAK) shares tumbled 15.9% Thursday after Shake Shack priced its own offering.) So what’s the deal with Tesla’s 1.8% rise in the stock market today to 242.51? 3 Things Scalper1 News
Scalper1 News