This is the type of reporting I've come to expect from CNBC.
This past week when Tesla announced a plan to raise $2 billion in cash by issuing more shares, CNBC had a huge headline: Tesla shares skid.
Yup. all the way from $210 to $204 (or maybe from $214 to $204) which works out to about $10/$214 = 5%.
That's some skid.
By the end of the week, Tesla was back up to $218, finishing higher than earlier in the week.
For day traders, yes, quite a skid. For the rest of us, hardly a blip.
Just my opinion. This is not an investment site, yada, yada, yada. See disclaimer, welcome, and a gazillion previous posts.