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mick

05/19/21 9:40 PM

#534963 RE: mick #534962

Why Tesla Is One Of The Top ARK Invest Stocks
Tesla stock is one of the top ARK Invest stocks, with whopping 11% weighting in the ARKK ETF portfolio. In mid-January, ARK Invest unveiled its 2025 price target on Tesla stock of $3,000 a share.

On April 13, Tesla stock surged over 8% to decisively reclaim its 50-day moving average, but is now back below that key level.

Shares skidded 2.5% Wednesday. The stock is still below its key 50-day line and is falling further under its long-term 200-day line.