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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Tesla shares dived around 20 percent in early afternoon trading Wednesday, giving back some of the gains the electric-car maker racked up since October. Shares stood at $723.92, down 18.3 percent around 1835 GMT, reversing a nearly unbroken trend over the last four months that accelerated this week when the stock jumped more than 36 percent in a two-day surge. Tesla's rally has followed a period of solid performance that has seen it meet key benchmarks on production of its all-electric cars and the opening of a plant in China, a crucial market. But Canaccord Genuity downgraded Tesla from "buy" to "hold," while maintaining a $750 target for the stock. "We see a balanced risk reward for investors to lock in profits," Cancaccord said in a note. "Just as we observed a clear buy signal coming into 2020, we see the risk of China's coronavirus as a clear headwind to the Shanghai facility, suggesting a more pragmatic position." And J.J. Kinahan, chief market strategist at TD Ameritrade, warned of "incredible volatility." "When I first started trading futures, an old guy said to me, "Be careful of chocolate covered hand-grenades," Kinahan said. "That's a little bit how I feel about Tesla at the moment." jmb/hs
schema:headline	Tesla shares dive, giving back some gains from rally
schema:mentions	Variance Chocolate Lock and key Electric car Tesla Model 3 Rallying China Severe acute respiratory syndrome coronavirus 2 Trading Futures Canaccord Genuity Christy Kinahan TD Ameritrade Shanghai Stock Exchange Greenwich Mean Time
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	67 (xsd:integer)

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