The Driverless Transportation (D20) Stock Index crawled above 160 for the second time in its history, ending the week up 1.1 percent at 160.83. Gainers outpaced losers 13 to seven as the D20 couldn’t keep up with the 1.4 percent rise in the Dow Jones Industrials which ended the week at 17910.33. The D20 slightly outperformed the S&P 500 and its rise of nearly 1 percent to finish at 2099.2.
Tesla (TSLA) was the D20 leader, increasing its stock price 12.3 percent to close the week at $232.36. Tesla has been having trouble meeting the demand for its Model S but its stock soared after its third quarter report revealed that it broke quarterly production records. NVIDIA (NVDA) was a D20 bright spot as well. It finished up 11.2 percent at $31.55 as it announced surprisingly good third quarter results.
Volkswagen’s (VLKPY) steep descent continued, dropping 12.6 percent to finish the week at $21.09 as its emissions scandal continues to deepen. Models from Audi and Porsche, both subsidiaries of Volkswagen, have now been implicated as well. It has lost 45 percent of its market cap since mid September.
Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.
- The Latest: @Ford CEO Mark Fields will be replaced by the company's head of smart mobility and #driverless cars: https://t.co/3GUeHe7jaO about 6 hours ago from Hootsuite ReplyRetweetFavorite
- Check out @volvocarsglobal 's prototype #autonomous garbage truck in action! Employee walks alongside:… https://t.co/6pYo8epAat about 8 hours ago from Hootsuite ReplyRetweetFavorite