Tesla Rallies, US Retail Shares Gain, Centene Plunges
On this edition of Stock Movers:- Tesla (TSLA) shares jumped after the carmaker posted a less drastic decline in vehicle sales than the most pessimistic analysts feared. The company delivered 384,122 vehicles during the last three months, down 13% from a year earlier. While that leaves Tesla in a deep hole to dig out from to avoid another annual drop, some investors were braced for a more than 20% plunge. “We’re at the bottom here,” Gene Munster, managing partner of Deepwater Asset Management, said on Bloomberg Television.- Nike (NKE), Lululemon (LULU), GAP (GAP) and other…
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