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MarketWatch MarketPulseJul 13, 2020
Tesla stock is now pricier than shares of Google's Alphabet
Tesla Inc. shares on Monday rose more than 14%, headed for a record high and trading above shares of Google's parent Alphabet Inc. and Priceline.com's Booking Holdings Inc. . The stock's one-day gain is its best since a 16% jump in March. The rally has pushed the Silicon Valley car maker's market value to around $321 billion, the most valued car company in the world after Japan's Toyota Motor Co. . Tesla shares are up nine out of the past 10 sessions as investors await the company's second-quarter results next Wednesday, and the possibility of a surprise quarterly profit that would set the company to joining the S&P 500 index.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseJul 13, 2020
Enzo Biochem shares rise on FDA authorization for coronavirus test
Shares of Enzo Biochem Inc. rallied 7.7% in premarket trading on Monday after the company said it received an emergency use authorization from the Food and Drug Administration for its COVID-19 diagnostic test. The regulator issued the EUA on July 7. It has granted emergency authorization to at least 137 diagnostic tests during the COVID-19 pandemic. Enzo's stock is up 8.7% year-to-date. The S&P 500 has declined 1.4% since the start of the year.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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