VIEW ONLINE Tesla's IPO was 8 years ago Friday — here's how much you'd have made if you invested $1,000 back in the day
Tesla's initial public offering occurred eight years ago Friday, and an investor buying in then would have made a very impressive return.
After initially offering its stock at $19 a share on June 29, 2010, Tesla closed its first day of trading at $23.89, according to data from Yahoo Finance. As of the market's close on Thursday, Tesla was trading at $349.93 a share, down from its all-time-high closing price of $385 a share on September 18.
The chart below shows the value over time of a $1,000 investment in Tesla stock made at the first day's closing price of $23.89. As of Thursday, that investment would be worth about $14,648, which is a pretty good return.
Read » | | | | | Advertisement | |  | |  | | | | | We have updated our Privacy Policy to reflect global privacy standards. We encourage you to read the updated policy in full. By continuing to use our sites, services and apps, you agree to these updated terms. If you would like to opt-out from receiving emails, please click Unsubscribe here . 
Labels:
|
0 comments:
Post a Comment