Stock prices are not always rational. I'm not sure why. But one of the contributing factor could be things like ETFs where stocks were bought to track a particular sector or index regardless of their financials. (I'm just guessing, I don't have a financial background)
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Stock prices are not always rational. I'm not sure why. But one of the contributing factor could be things like ETFs where stocks were bought to track a particular sector or index regardless of their financials. (I'm just guessing, I don't have a financial background)
Also Because Tesla is a meme stock? Not just a ha ha meme, but a meme similar to how Dawkins described.
I'd like a figure for the split of retail and organized money in Tesla.
But isn't there just a little bit of truth behind each meme?
I mean, all I'm saying is, that there's a reason Tesla is a meme stock.