Check out the companies making headlines in midday trading. Tesla — Tesla shares sank more than 6% after the electric vehicle maker reported an 8.5% year-over-year decline in deliveries in the first quarter. GE Vernova — Shares jumped more than 3% after GE Vernova started trading on the New York Stock Exchange on Tuesday under the ticker "GEV," following its spinoff from General Electric.
5% after private equity firm Silver Lake agreed to acquire the company in a $13 billion deal. Blackstone — Shares of the alternative asset manager slipped 1% after UBS downgraded it to neutral, saying the company could be pressured by a slow recovery in the real estate market. Nextracker — Shares dropped 4.6% after Barclays downgraded the solar tracking company to equal weight from overweight, saying Nextracker is "trading at a premium to all other relevant comps.
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