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Shares of Tesla Inc. TSLA,
were scheduled to take a break on Wednesday after its recent rocket ride, in which the stock rose 37.3% in the middle of a five-day streak. The electric vehicle manufacturer’s stock slipped 0.9% in pre-market, after closing Tuesday at a record high of $ 1,887.09, the third consecutive record close. The current winning streak was launched after Tesla announced a 5-to-1 stock split. As strong as the stock has been over the past five days, this is only the best five-day percentage performance. since the five-day period ended July 7, when the stock has climbed 37.7%. And the five-day winning streak is only the longest since the six-day streak that ended on July 7. Tesla’s stock has more than doubled (up 133.6%) in the past three months through Tuesday, while the Nasdaq Composite COMP,
rallied 22.1% and the S&P 500 SPX,
grew 16.0%.
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