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WeTheMarket

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WeTheMarket

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Monday, 01/23/2023 5:51:46 PM

Monday, January 23, 2023 5:51:46 PM

Post# of 56312
Giant Fund Buys Up Tesla and Plug Power Stock, Sells GM
By Ed Lin
Jan. 22, 2023
https://www.barrons.com/articles/tesla-stock-plug-power-gm-51674154718

A large European asset manager recently made adjustments in its U.S.-traded stock investments that seem to favor electric vehicles over traditional car makers.

DNB Asset Management materially increased investments in EV maker Tesla TSLA +7.74% (ticker: TSLA) and Plug Power PLUG +9.69% (PLUG), a hydrogen fuel-cell technology company, while slashing its stake in General Motors (GM) in the fourth quarter.
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  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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