News Minimalist logo

Tesla shares drop 6% on delivery decline

CNBC — April 2, 2024, 07:00 PM UTC

Summary: Tesla shares dropped over 6% due to an 8.5% decline in deliveries. GE Vernova rose 3% on its NYSE debut. ChampionX surged 8% after a $7.7 billion acquisition by SLB. PVH fell 23% despite beating estimates. Health insurance stocks dipped after a 3.7% rate increase announcement. Endeavor Group rose 2.5% on a $13 billion acquisition deal. Nextracker and Figs saw declines post-downgrades. Petco and D.R. Horton also dropped. Veeva Systems fell 5% after its CFO departure.

Full article

Article metrics

The article metrics are deprecated.

I'm replacing the original 8-factor scoring system with a new and improved one. It doesn't use the original factors and gives much better significance scores.

Timeline:

  1. [3.9]
    Stock movements: Hertz, Block downgraded; Zeta, Levi, Conagra up. Intuitive Machines wins NASA contract (CNBC)
    114d
    Source
  2. [4.8]
    Stocks dip, Dow falls 0.7%; Home Depot drops (Investor's Business Daily)
    116d
    Source
  3. [6.2]
    Micron, Semtech, Microsoft up; AT&T, InterDigital, Trucking down (CNBC)
    117d

    ScoresSource
  4. [5.3]
    Stock market movements: Micron, 3M up; J.B. Hunt, C.H. Robinson down (CNBC)
    117d

    ScoresSource
  5. [4.3]
    Stock market movements: Boeing up, Masimo up, Super Micro up, Cleveland-Cliffs up, Semiconductor up, Disney up, Foot Locker up, Rivian down, GameStop up, Digital World Acquisition Corp. up, United Airlines down (CNBC)
    124d
    Source