News Formal

Stocks making the biggest moves midday: Tesla, FedEx, Slack, Lyft, Taubman Centers & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Tesla has another volatile day. L Brands is in talks to sell Victoria's Secret. Nvidia rises on an analyst upgrade.

— Shares of the Burger King parent company rose as much as 3.6% on the back of better-than-expected quarterly results. Restaurant Brands reported a profit of 75 cents per share on revenue of $1.479 billion. Analysts polled by Refinitiv expected earnings of 73 cents per share on sales of $1.463 billion. The results were driven by a 34.4% surge in Popeye's same-store sales.

— Shares of the ride-hailing company jumped 6% following an upgrade to buy from neutral from Northcoast. The firm said it has "more confidence that competitive dynamics and unit economics of the "ride business" are sound."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are the best stocks besides Tesla to play the electric vehicle boom, Morgan Stanley saysNew for subscribers: Here are the best stocks besides Tesla to play the electric vehicle boom, Morgan Stanley says Check out CNBCPro and get your first 30 days free. Pro Lets ask my favorite Investment Analyst if the Tesla Fan Boi Stock move is something you should be playing the derivative of...
Source: CNBC - 🏆 12. / 72 Read more »

Tesla reopens Shanghai factory after closure caused by coronavirus - Business InsiderDeliveries of Tesla's Model 3 in China have been delayed early this month following a government-ordered closure of the company's Shanghai factory. TOE Bravo Bis... Bravo...
Source: BusinessInsider - 🏆 729. / 51 Read more »