Tesla turned a corner, history says it's speeding this way...

History says Tesla could be racing higher

VIEW IN BROWSER | SUBSCRIBE FRI, OCT 25, 2019 BIG DATA INVESTOR Using Kensho technology, CNBC will surface research and analytic insights designed to create actionable, historical content around market moving events.  George Manessis @GSManessis A TALE OF TWO STOCKS Tesla soared on Thursday after surprising the street with a return to profitability – posting strong growth in overall revenue and unit sales. Short-sellers lost more than $1 billion on Thursday betting against the electric car company. Since its IPO in 2010, the company has had similar 1-day jumps on 9 other occasions. According to history, the bullish trend could continue. A month after similar moves, the momentum tends to continue with the stock gaining another 10 percent, trading positively 78 percent of the time.   Meanwhile, Twitter suffered one of its worst days as a public company on Thursday – tumbling over 20 percent. The company citing "a number of headwinds" for the revenue shortfall, including issues related to its ad targeting products. Two weeks after similar drops, the selling tends to continue – with shares of Twitter shedding another 4 percent, trading negatively 83 percent of the time.     MORE FROM CNBC AND KENSHO Apple could surge nearly another 20% this year, if history is any guide   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBC Universal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS