Tesla and EV Chip Stocks Pose Risks in Market Rally
TL;DR
The stock market rally showed mixed action last week, with the Nasdaq hitting a 2023 high but ending with slim gains, while the S&P 500 and Dow Jones fell for the week. Tesla and several chip stocks, including ON Semiconductor, Axcelis Technologies, and Aehr Test Systems, are worth watching. Meanwhile, Sarepta Therapeutics' stock was halted throughout Friday's session as an FDA advisory panel discussed whether to recommend Sarepta's gene therapy for patients with Duchenne muscular dystrophy.
Topics:businessstock-market#chip-stocks#on-semiconductor#sarepta-therapeutics#stock-market#stock-market-rally#tesla
- Market Rally Action Is Dangerous; Watch Tesla, These EV Chip Stocks | Investor's Business Daily Investor's Business Daily
- Stocks making the biggest moves in the premarket: Tesla, JD.com, Fox & more CNBC
- Indexes slip with tech-related shares; consumer sentiment drops Yahoo Finance
- Dow Jones Reverses Lower On Hot Inflation Survey. Tesla Stock Drops On Elon Musk Tweet. Investor's Business Daily
- 4 stocks to watch on Friday: Tesla, News Corp. and more (NASDAQ:TSLA) Seeking Alpha
Want the full story? Read the original reporting
Read on Investor's Business Daily