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Elon Musk tweets about Etsy and Gamestop – stock market prices go through the roof

  • ofTanja Banner

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If Elon Musk tweeted about a company, its stock market price went through the roof. The Tesla and SpaceX boss proves this twice in one day.

  • Elon Musk dissolves with a tweet about Etsy again from stock market capers.
  • He also helps a second company via Twitter to a course jump at the Börse
  • But not everything that Musk tweets, has positive consequences, as the visionary himself had to experience.

Elon Musk is successful, there is no other way of saying it. And whoever is successful attracts followers and is watched by people who would like to cut a slice of success for themselves. This explains a phenomenon with which the richest man in the world has caused a stir several times in the past few weeks: In the discussion about the Facebook Messenger WhatsApp, Musk recommended Twitter as a competitor Signal to change – promptly he shot Signal Advance share price upwards. That this is not the company behind the Messenger-App acted, many investors realized only later.

After the hype around Elon Musk and the signal has subsided a bit, the game starts all over again: “I love Etsy somehow” tweeted Musk on Tuesday morning (January 26th) – and the Share price of online trading for homemade items shot up. The price of the rose by almost ten percent Etsy Promotion pre-market within a short time, reported CNN.

A tweet from Elon Musk is enough: Etsy share reaches record high

The listed on the Monday after the market closed Etsy Promotion at $ 208.81, when it opened on Tuesday morning it was already worth 225.6 euros, the highest value of the day was $ 226.72 – a new one Record value for the stock, which was trading at around $ 170 earlier this year. In the meantime, however, the euphoria has evaporated again, and Etsy’s price gains are long gone. What remains is information from Elon Musk, why he Etsy “Loves”: He bought a knitted “Marvin the Martian” helmet for his dog there, Musk explained in another tweet.

Elon Musk also tweeted about Gamestop’s share price

On Tuesday evening ventured Elon Musk at once again with a commitment to a public company Twitter: He showed his Support for the US video game chain Gamestop. And of course he responded Course: After the close of trading, it rose by 57 percent in the USA, as reported by t-online.de. And in Germany, too, investors reacted to Elon Musk’s tweet: In the morning the price rose from Gamestop from 94 euros the previous evening to 240 euros.

A Tweet von Elon Musk However, a company doesn’t always have to be positive, as Musk himself discovered last year: After he had tweeted, the Share price of his own company Tesla if it was too high, the price fell at times by up to twelve percent. But the boss of Tesla and the space company SpaceX doesn’t have to worry: He is currently in a head-to-head race with Amazon boss Jeff Bezos for the title of richest person in the world – and a fight for the best Orbits in Earth orbit. (Tanja Banner)

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