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A comment on Musk Proposes to Proceed with Twitter Deal at $54.20 a Share. Parent comment

Re:Musk Proposes to Proceed with Twitter Deal at $54.20 a Share by rsynnott on Tuesday October 04, 2022 @01:47PM (#33083971)
... Are you writing this from an alternate universe?

The S&P opened at about 3618 yesterday (after closing Friday at a little under that), and closed at 3677. Today it opened at 3749, and remains at that level or a little higher.

Tesla closed Friday at 265, opened Monday at 243, closed Monday at 242, and opened at 252 today, before falling back to the low 240s.

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Re:Musk Proposes to Proceed with Twitter Deal at $54.20 a Share by filoleg on Tuesday October 04, 2022 @01:52PM (#33084076)
No, I am writing it from the universe where I looked at the closing price on friday and then checked the open price on monday, and I was consistent with it.

All while you posted friday close for TSLA and compared it to monday open, but didn't do the friday close for SPY. If you are looking just at monday-open to monday-close (which is what you did for SPY), TSLA moved from 243 to 242. As of today, TSLA is over $246.

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Re:Musk Proposes to Proceed with Twitter Deal at $54.20 a Share by rsynnott on Tuesday October 04, 2022 @06:06PM (#33087725)
As I said,

> The S&P opened at about 3618 yesterday (after closing Friday at a little under that)

I didn't think it was worth mentioning the numbers, because the change wasn't hugely significant for the S&P, but Friday close was 3589, Monday open was 3616; that is a rise of 0.7%.

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