Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Tech Rises As Sector Returns To Favor -- Tech Roundup

11/19/2020 | 05:15pm EST

Shares of technology companies rose as investors rotated back into a sector that had fallen out of favor earlier this week after a long period of outperformance.

Shares of Tesla tested all-time highs above $500, even after product-quality monitor Consumer Reports raised concerns about the reliability of its electric cars, citing common problems with paintwork and closing the rear hatch on one model.

Shares of Tesla rival Nio rallied after analysts at brokerage Deutsche Bank reiterated their positive rating on the Shanghai company's stock and boosted their price target in the wake of its earnings report earlier this week.

Miami-based Retail Ecommerce Ventures, led by two entrepreneurs who have collected tarnished retail brands during the coronavirus pandemic, are taking over the reins of RadioShack, acquiring the nearly century-old gadget seller's brands and online business, as reported earlier.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

11-19-20 1714ET

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE BANK AG -0.27% 9.267 Delayed Quote.3.86%
TESLA, INC. 2.23% 844.55 Delayed Quote.19.68%
Latest news "Economy & Forex"
05:57aKenya to save 27 bln shilling from China debt service suspension deal
05:54aITU INTERNATIONAL TELECOMMUNICATION UNION : Europe kicks off regional preparations for the World Telecommunication Development Conference 2021
05:49aRussia applies for registration of COVID-19 vaccine in Europe - tweet
05:48aIndian shares end higher on IT, Reliance boost
05:45aTurkey's builders back on defensive after a standout 2020
05:44aEngland soccer star Rashford nets younger buyers for Burberry
05:41aBlanket border closures makes no sense in pandemic - EU's von der Leyen
05:38aMalaysia's central bank holds key rate steady, warns of 'downside risks' from COVID-19
05:31aPfizer vaccine appears effective against coronavirus variant found in Britain -study
05:27aTVs, gaming and gadgets drive Dixons Carphone's Christmas sales rise
Latest news "Economy & Forex"