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Can anyone explain to me why SolarCity's stock is going down right now? (-5,2% in the last 24h).
by manmal 10y ago
Can anyone explain to me why SolarCity's stock is going down right now? (-5,2% in the last 24h).
- tcoppi 10y agoThe offer values solarcity at $25.37, so that's effectively a new ceiling on the price, unless new info surfaces. Edit: Since this is an all-stock deal, the valuation and hence price is going to float based on TSLA's price, at a ratio of .11 * TSLA = SCTY price.