Stock market live updates: Dow futures up 300, Tesla tops $900 in parabolic move

Stock market live updates: Dow futures up 300, Tesla tops $900 in parabolic move

Tesla soared another 20% to break above $900 a share early Monday, pushing its market cap to around $160 billion.. 9:31 am: Stocks rally for a second day with Dow jumping 380 points. On Monday, 12,000 Robinhood accounts bought it for the first time.. MGM Resorts was also down in premarket trading but is now up about 2%.. Some major travel and transportation stocks were rising in premarket trading after slipping in recent days as the coronavirus outbreak continued to spread.. Cruise line stocks Royal Caribbean and Norwegian Cruise Lines were both up more than 4% in premarket trading, while United Airlines and Delta Air Lines gained 2.8%.. Billionaire Ron Baron told CNBC on Tuesday that he thinks Tesla could one day be "one of the largest companies in the whole world.". Tesla 's relentless rally this year continued on Tuesday, with the electric car maker's stock jumping another 13% in the premarket and broke above $900 for the first time .. Through Monday's close, Tesla shares are up more than 80% year to date and are easily the best performers in the Nasdaq-100 index.. Billionaire Ron Baron, a longtime