Tesla Surges to Top Traded Stock with $426.32 Billion Volume
On April 28, 2025, TeslaTSLA-- (TSLA) saw a trading volume of $426.32 billion, making it the top-traded stock of the day. The company's stock price increased by 0.33%, marking its fifth consecutive day of gains and a 25.66% increase over the past five days.
Tesla's stock price has been influenced by several factors, including investor optimism surrounding the company's future prospects. The stock has crossed above the average analyst 12-month target price of $284.86, indicating a positive outlook among market analysts. This move has been driven by investor confidence in Tesla's ability to deliver on its promises, such as the robotaxi rollout planned for June and CEO Elon Musk's commitment to scaling back his political involvement.
Despite some volatility, with the stock price ranging from $272.42 to $294.86 during the day, Tesla's stock has shown resilience and continued to attract investor interest. The company's strong market position and innovative technology have contributed to its recent performance, with a market capitalization of $916.55 billion and 3.22 billion shares outstanding.
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
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