Coupa Software's stock fall 9% on Q3 results

Read Next

Tesla banal drops toward its 3rd carnivore marketplace this year, by immoderate measures

Shares of Tesla Inc. undefined tanked 3.8% toward a one-month low, which immoderate technicians would accidental puts them connected way to participate their 3rd carnivore marketplace this year. Many connected Wall Street specify a carnivore marketplace arsenic a diminution of astatine slightest 20% from a caller bull marketplace closing peak, and immoderate accidental that carnivore marketplace would extremity aft a 20% rally disconnected the consequent low. Tesla's banal is presently trading 20.7% beneath its Nov. 4 grounds adjacent of $1,229.91, and a carnivore marketplace would go authoritative to immoderate technicians with a adjacent astatine oregon beneath $983.92. The electrical conveyance marketplace leader's banal selloff has been highlighted by stock income by Chief Executive Elon Musk, who has sold astir $11 cardinal worthy of banal implicit the past month. Earlier this year, banal entered a carnivore marketplace connected Feb. 23, 2021, erstwhile it closed that time 20.9% beneath its then-record adjacent of $883.09 connected Jan. 26. That carnivore marketplace bottomed connected March 8 astatine $563.00, oregon 36.2% beneath its erstwhile peak, earlier rallying arsenic overmuch arsenic 35.4% to April 13 closing precocious of $762.32. The adjacent carnivore marketplace started successful May, and bottomed connected May 19 astatine $563.46, oregon 26.1% beneath the April peak. The existent bull marketplace started connected June 24. The banal has inactive climbed 33.1% implicit the past 3 months portion the S&P 500 undefined has edged up 0.7%.