Tesla’s sharpest stock drop in months puts it back in the red for the year

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Tesla Inc.’s stock is now in negative territory on the year, as it heads for its worst daily drop since July.

The stock

TSLA was down by about 7% on Thursday, making it the third-worst performer in the S&P 500 SPX and the bottom performer in the Nasdaq-100 index NDX for the day, according to Dow Jones Market Data. So far, Tesla has also been the second-most active stock in both indexes as far as trading volume.

This post was originally published on Market Watch

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