Stock Market News

Midday movers: First Solar, Tesla, Charles Schwab and more

2023.05.12 14:28


© Reuters.

Investing.com — Stocks were headed for another down week after weaker-than-expected consumer sentiment for May. Here are the market movers for May 12.

  • First Solar Inc (NASDAQ:) shares rose 24% after the maker of solar panels said it would buy the European thin film maker Evolar. The deal could boost First Solar’s development of new technology.
  • Tesla Inc (NASDAQ:) shares were down 2.3% after an earlier bounce as CEO Elon Musk announced he had hired a new chief for social media platform Twitter. Tesla shareholders have been worried that Musk’s time at Twitter has taken him away from managing the electric car maker. Tesla raised prices on some model vehicles after earlier cutting prices on some models.
  • Charles Schwab Corp (NYSE:) shares were rising 2.5% after the brokerage said client assets rose in April, reaching $7.6 trillion, up 5% from the same month last year. Shares of mobile brokerage app maker Robinhood Markets Inc (NASDAQ:) were down more than 8%, giving back some of the gains this week after it rolled out 24-hour stock trading five days a week.
  • Icahn Enterprises LP (NASDAQ:) shares rose more than 6.6% on Friday, regaining some ground after a rocky week. Its board authorized a $500 million stock buyback.
  • SiriusPoint Ltd (NYSE:) shares fell 9.6% after the insurance company said it had exploratory discussions with activist investor Daniel Loeb but wasn’t able to reach an agreement on the value of a possible transaction.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 97,846.22 1.45%
ethereum
Ethereum (ETH) $ 3,409.46 3.42%
tether
Tether (USDT) $ 1.00 0.05%
solana
Solana (SOL) $ 255.46 0.03%
bnb
BNB (BNB) $ 650.15 3.91%
xrp
XRP (XRP) $ 1.46 0.47%
dogecoin
Dogecoin (DOGE) $ 0.425333 5.81%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 1.05 7.20%
staked-ether
Lido Staked Ether (STETH) $ 3,408.31 3.55%
tron
TRON (TRX) $ 0.211339 4.83%
avalanche-2
Avalanche (AVAX) $ 41.27 2.19%
the-open-network
Toncoin (TON) $ 6.26 13.91%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 2.42%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,035.86 3.24%
stellar
Stellar (XLM) $ 0.486436 40.23%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,538.13 1.51%
polkadot
Polkadot (DOT) $ 8.49 32.16%
chainlink
Chainlink (LINK) $ 17.30 12.96%
bitcoin-cash
Bitcoin Cash (BCH) $ 500.15 1.77%
weth
WETH (WETH) $ 3,407.38 3.35%
sui
Sui (SUI) $ 3.41 1.86%
pepe
Pepe (PEPE) $ 0.00002 0.30%
leo-token
LEO Token (LEO) $ 8.60 1.27%
near
NEAR Protocol (NEAR) $ 6.13 7.10%
litecoin
Litecoin (LTC) $ 98.53 8.48%
aptos
Aptos (APT) $ 12.57 3.67%
uniswap
Uniswap (UNI) $ 10.71 14.37%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,588.00 3.33%
hedera-hashgraph
Hedera (HBAR) $ 0.15161 9.65%
crypto-com-chain
Cronos (CRO) $ 0.199841 5.57%
internet-computer
Internet Computer (ICP) $ 11.22 6.02%
usds
USDS (USDS) $ 0.999736 0.47%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.566035 17.82%
ethereum-classic
Ethereum Classic (ETC) $ 29.49 4.83%
render-token
Render (RENDER) $ 7.66 4.69%
kaspa
Kaspa (KAS) $ 0.152365 0.93%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
bittensor
Bittensor (TAO) $ 511.00 3.88%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.40 12.79%
whitebit
WhiteBIT Coin (WBT) $ 24.75 0.45%
bonk
Bonk (BONK) $ 0.000047 3.03%
arbitrum
Arbitrum (ARB) $ 0.856339 10.38%
dai
Dai (DAI) $ 1.00 0.03%
vechain
VeChain (VET) $ 0.041345 21.69%
mantra-dao
MANTRA (OM) $ 3.66 3.77%
filecoin
Filecoin (FIL) $ 5.47 13.99%
dogwifcoin
dogwifhat (WIF) $ 3.20 2.75%
cosmos
Cosmos Hub (ATOM) $ 8.16 10.91%
okb
OKB (OKB) $ 51.50 10.98%