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What does it mean if a stock skyrockets VWAP 10x aftermarket?

Personal Finance & Money Asked by dukeofgaming on August 27, 2020

I just spotted $TSLA’s VWAP skyrocket to 10k and go back down to 6k and still hanging there, I started trading like 8 months ago and I have never seen anything like this:

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That is VWAP, not an actual quote price and couldn’t quite see any odd sales in those times. What is a VWAP of 6-10x saying?, just trying to understand what happened.

P.S.: I understand that no answer qualifies as stock advice

One Answer

I think it was Elon "paying back" to Tesla for his "transgressions"... he essentially owned the SEC.

https://mashable.com/article/elon-musk-sec-taunt/

Answered by dukeofgaming on August 27, 2020

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