Tesla, Nucor rise; ATT, United Airlines fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., up $72.62 to $815.12. The electric vehicle maker reported a better-than-expected $2.26 billion net profit for its latest quarter. United Airlines Holdings Inc., down $4.24 to $37.44. The airline’s latest quarterly results fell far short of Wall Street expectations due largely to soaring fuel prices. ATT Inc., down $1.56 to $18.92. The telecom company cut its forecast for the amount of cash it will generate this year. Dahaner Corp., up $23.23 to $279.23. The maker of COVID tests and other medical diagnostic equipment reported results that easily beat analysts’ forecasts. 1Life Healthcare Inc., up $7.07 to $17.25. Amazon will acquire the owner of primary care provider One Medical for $3.9 billion. Philip Morris International Inc., up $3.76 to $93.59. The cigarette maker jumped after reporting stronger profits than analysts had forecast. Nucor Corp., up $10.77 to $128.52. The steelmaker’s results came in higher than investors were expecting.
Tesla, Nucor rise; ATT, United Airlines fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., up $72.62 to $815.12. The electric vehicle maker reported a better-than-expected $2.26 billion net profit for its latest quarter. United Airlines Holdings Inc., down $4.24 to $37.44. The airline’s latest quarterly results fell far short of Wall Street expectations due largely to soaring fuel prices. ATT Inc., down $1.56 to $18.92. The telecom company cut its forecast for the amount of cash it will generate this year. Dahaner Corp., up $23.23 to $279.23. The maker of COVID tests and other medical diagnostic equipment reported results that easily beat analysts’ forecasts. 1Life Healthcare Inc., up $7.07 to $17.25. Amazon will acquire the owner of primary care provider One Medical for $3.9 billion. Philip Morris International Inc., up $3.76 to $93.59. The cigarette maker jumped after reporting stronger profits than analysts had forecast. Nucor Corp., up $10.77 to $128.52. The steelmaker’s results came in higher than investors were expecting.