Today, various beaten-down electric vehicle (EV) stocks are getting a lot of love from the market. In a sea of green, various electric vehicle manufacturers are seeing some of the highest volume, as investors look to take a risk-on view amid this market selloff.
Gamestop's (GME) stock is up by more than 9% in Thursday midday trading, after it was halted four times for volatility.
The meme stock went up more than 20% during morning trading, according to a CNBC report.
During Wednesday trading, the meme stock also fell by at most 13% on Wednesday.
Another meme stock, that of theater chain AMC Entertainmemnt Holdings,...
Stocks in other electric vehicle companies rose in Thursday afternoon trading, among them, Nio (NIO) at 5%, Lordstown Motors (RIDE) at about 3%, Ford Motor Company (F) at 1% and Tesla (TSLA) at about 0.02%.
Shares of several companies in the broader tech sector, including Advanced Micro Devices, Inc. (NASDAQ: AMD), are trading lower amid overall weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has pressured tech and growth stocks.
According to data from Benzinga Pro, AMD has a 52-week high of $164.46 and a 52-week...
Discovery (DISCA) said Friday it received stockholder approval for its proposed acquisition of WarnerMedia from AT&T (T).
The company expects to close the deal early in Q2.
The deal will combine WarnerMedia's entertainment, sports and news assets with Discovery's nonfiction and international entertainment and sports businesses. The new company will be called...
Nio (NIO) shed nearly 10% after the Chinese electric vehicle market posted lower-than-expected Q4 earnings. Trading volume was more than 67.0 million shares against a daily average of 66.6 million. Its shares in Hong Kong were also down over 7%.
Starbucks (SBUX) climbed 4.8% after the coffeehouse chain Wednesday said CEO Kevin Johnson plans to retire April 4 and that longtime chief executive Howard Schultz would return to the post on an interim basis during the search for a permanent successor.
Walmart (WMT) said Wednesday MAR 02 it is launching Zeekit's technology that enables customers to virtually try on clothing from the retailer's private labels or the national brands it carries.
The technology will be available on Walmart's mobile application and website. It will allow customers to choose a model who best represents their height, body shape, and...
Nvidia (NVDA) was off 3.2%. The company is poised to present at the Morgan Stanley Technology, Media & Telecom Conference next Monday.
high risk because of war between Russia and Ukrania so be carfule .