Check out the companies making headlines in midday trading. Tesla , Li Auto — Tesla shares declined nearly 4%, hitting a 52-week low, following announcements of price cuts. The electric vehicle maker lowered prices for its Model 3 in China, on top of decreases in other markets, Reuters reported . Chinese manufacturer Li Auto also lowered price tags on many models, sending shares down 6%.
's David Faber reported Monday that Paramount's special committee has not yet heard from Sony about a potential offer. Informatica — The enterprise data management company tumbled nearly 9% after acquisition talks with Salesforce broke down. Salesforce shares inched higher by less than 1%. Riot Platforms — The bitcoin miner rallied 14% following the " halving" event , in which bitcoin mining rewards were cut in half.
's Jesse Pound, Samantha Subin, Michelle Fox and Alexander Harring contributed reporting.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster's, Paramount and moreThese are the stocks posting the largest moves in premarket trading.
Read more »
Stocks making the biggest moves before the bell: Tesla, Verizon, Block, Alcoa and moreThese are the stocks posting the largest moves in premarket trading.
Read more »
Stocks making the biggest moves premarket: Netflix, Paramount, Sunnova Energy & moreThese are the stocks posting the largest moves in premarket trading.
Read more »
Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and moreThese are some of the stocks posting the largest moves in midday trading.
Read more »
Stocks making the biggest moves midday: Duolingo, JetBlue, Tesla, D.R. Horton and moreThese are the stocks posting the largest moves in midday trading.
Read more »