Overnight and intraday returns to Tesla's stock.
The cumulative intraday return (from market open to market close) is -30%. Negative. Less than zero.
The cumulative overnight return (from market close to the next day's market open) is +53,923%.
Plot dates: 2010-06-29 to 2025-12-19. Data: https://finance.yahoo.com/quote/TSLA/history/
Reference: "Nothing to See Here" (https://ssrn.com/abstract=4619084)
Additionally, the stocks of many companies display divergent patterns that @wsj.com has never honestly reported and nobody can innocuously explain.
The market manipulation described in ssrn.com/abstract=461... cogently explains all these divergences.
#economy #inequality #divergence #dispersion