Midday Stock Movers: Meta, Netflix, Airline Stocks -Breaking
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© Reuters Sam Boughedda
Investing.com — U.S. stocks are up Thursday, although they have slipped from their highs earlier in the session. Below are the most recent mThursday, April 21st: idday Movers
This beats revenue and earnings expectations. Tesla Inc (NASDAQ:) is trading around 6.5% higher midday. For $18.76billion in revenue, it posted a share price of $3.22 per share.
United AirlinesAmerican Airlines (NASDAQ) has gained more than 6% while (NASDAQ:). is up nearly 12%. After UAL and AAL stated that they expected to be back to profitability during the current quarter, other airline stocks have also been rising Thursday.
Netflix Inc(NASDAQ): The stock is down 5.6% more after the company revealed Tuesday that it has lost 200,000 subscribers over the past quarter. They expect to suffer a loss of 2,000,000 subscribers for the current quarter.
Nucor Corp(NYSE:) reported an increase of 7.9% in its stock price around noon. Steel company posted earnings per share at $7.67 for $10.49billion in revenue.
Cyngn IncStock (NASDAQ:) surged 78% Thursday on news that DriveMod Kit has been launched, an autonomous vehicle solution.
Meta PlatformsThe stock of (NASDAQ) fell 4.5% in the wake of allegations that Sheryl Sandberg was chief operating officer. These accusations have rekindled concerns regarding senior management ethics.
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