Tesla's stock debuts as S&P 500 member with a 4.1{02346bf83de6e36140f9a3419962accbe3517f5478f0c39703bb0046727acb31} drop, then falls further

This post was originally published on this site

Tesla Inc.’s stock TSLA, -5.29% debuted as S&P 500 index component with a thud, as the stock opened at $666.24, down 4.1% from Friday’s record close of $695.00. Within the first 10 minutes as S&P 500 member, it has traded within a range of $657.52 (down 5.4%) to $668.50 (3.8%). It was last down 4.7%, which would make it the seventh worst performer in the S&P 500, which was down 0.9%.