TSLA was up 8% today on the announcement of another stock split. The split will be voted on in their shareholder meeting in October.
ETF Newz Says:
Tesla Inc is a holding in 296 U.S.-traded ETFs. The largest ETF holder of TSLA is the SPDR S&P 500 ETF Trust (SPY), with approximately 9.06M shares. Stock splits are growing in favor as of late with the growth of the retail trader.
