Shares of Tesla and Southwest Airlines are collapsing
2022.12.27 08:49
Shares of Tesla and Southwest Airlines are collapsing
Budrigannews.com – Prices as of 8:00 ET/13:00 GMT for the Tuesday pre-market session show the following stocks moving:
NASDAQ: Tesla due to reports that it is at its Shanghai plant, is down 4.7%. Lucid Group, Inc. responded by trading down 2.1%, while Rivian Automotive (NASDAQ:) was 2.2% lower.
(NYSE:) Nio After reducing its Q4 sales forecast by several thousand units, Inc. is down 5.5%.
NYSE: Southwest Airlines decreased by 3.8%, having to do so in comparison to its peers in the United States as a result of the country’s severe weather.
Stocks based in China Pinduoduo (NASDAQ:) JD.com (NASDAQ:) (up 2.1%), up two percent), and Alibaba (NYSE:) The news that China would reduce COVID restrictions further on January 8 and no longer require incoming travelers to be quarantined (up 1.5%) contributed to the increase.
Wynn Resorts, Inc. is also up 1.9%, and the news about China could help it. HK: Wynn Macau isn’t exchanging because of the Hong Kong market occasion, however Las Vegas Sands (NYSE:) is also up 1.6%.
Morning of Tuesday (NASDAQ:) is down 42% after announcing that it would be delisting from the Nasdaq on its own after Friday’s market close.
NASDAQ: HTG Molecular Diagnostics is up 50% after announcing that a $10 million warrant offering would close after Friday’s market close.
More Shanghai Tesla plant to cut production in January
Preferred Units of AMC Entertainment Holdings (NYSE:) increased by 20%, while common shares of AMC Entertainment Holdings (NYSE:) dropped 5.9% as arbitrageurs continue to flock to the securities.
