|Bid||651.97 x 1200|
|Ask||653.30 x 800|
|Day's Range||651.71 - 700.54|
|52 Week Range||70.10 - 900.40|
|Beta (5Y Monthly)||2.09|
|PE Ratio (TTM)||1,020.63|
|Earnings Date||Apr 27, 2021 - May 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||607.76|
ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the growth of digital wallets will "gut" traditional banks. Wood, whose $24.4 billion ARK Innovation exchange-traded fund is the largest actively managed ETF tracked by Lipper, said in a webinar her fund remains "opportunistic" despite the recent slide in the S&P 500 as investors have raised concerns over valuation and the prospect of higher inflation. The ARK Innovation fund is up 136% over the last 12 months.
Morgan Stanley said the Ford Mustang Mach-E stole EV share from Tesla last month. Ford posted record February EV sales. Ford stock traded around buy points.
Churchill Capital IV (NYSE: CCIV) stock dropped 12% Wednesday, and still traded almost 11% below Tuesday's closing price as of 2:45 p.m. EST. After surging for weeks on anticipation, shares of the blank-check company have tanked 56% since its planned merger with Lucid Motors was announced on Feb. 22. The sharp drop in shares hasn't yet let up, and looks to be a reality check for investors after actual valuation came from the deal with the highly anticipated electric vehicle (EV) maker.