Tesla’s $214 Billion Rout Sends Shockwaves Through ETFs — These Funds Got Slammed
Leveraged Tesla ETFs plunged as much as 30% after Tesla's record post-earnings selloff, dominating Thursday's list of the biggest ETF losers.
Tesla stock fell a lot after disappointing earnings news, which made special funds that bet extra-hard on Tesla drop even faster than the stock itself. When you see a fund name with the stock's name in it, remember it can swing wilder than the actual stock—a useful thing to watch.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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