Apple, Tesla bid up ahead of share split open

REUTERS: The high-flying shares of Apple and Tesla gained more ground on Monday , ahead of their first official trading following a split into smaller portions that makes it easier for retail investors to own the shares.

Shares of the Cupertino-California-based company, which have rallied nearly 30 per cent since it announced its surprise 4-for-1 stock split and blockbuster quarterly results on Jul 30, were priced at US$126.56, up 1.4 per cent when compared to Friday's split-adjusted close, in pre-market trade. Tesla's stock has surged more than five-fold this year, while shares of General Motors Co and Ford Motor Co declined on fallout from the COVID-19 pandemic.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore shares rise at Monday's open; STI up 0.7%SINGAPORE stocks opened higher on Monday led by gains in banks and other index counters after Wall Street stocks climbed on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

As fintech upends banking, Japan regulator expects more cross-boundary tie-upsTOKYO: Japan will likely see more financial tie-ups that extend beyond traditional boundaries similar to those signed between internet banking ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »