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Tesla shares rose premarket Monday, on signs Elon Musk will stop running Twitter!
Potentially giving the billionaire more time to focus on his electric-vehicle company, while major U.S. stock indexes opened Monday mixed, doing little to put a dent in last week’s losses.
Tweet on Trending stocks today
Trending stocks today:
Aerojet Rocketdyne-shares added 1.8% off hours
Tesla-shares climbed 2.1% premarket
Ford-shares edged up 0.5% premarket
Microsoft-The tech giant's shares added 0.5% off hours
Madrigal Pharmaceuticals-shares roughly tripled in value today!#Trending #stocks pic.twitter.com/Ve3ZfvRXKt— The_Journalbiz (@the_journalbiz) December 19, 2022
FactSet chart on stocks market today
The S&P 500 opened down 0.1%. The Dow industrials fell about 20 points, less than 0.1%. The Nasdaq Composite was off 0.3%.
The 10-year U.S. Treasury yield rose to 3.564% from 3.481% late Friday as prices fell
Today market marked by latest trends:
Aerojet Rocketdyne: Defense firm L3Harris Technologies on Sunday said it agreed to buy the maker of engines used in missiles. Aerojet shares added 1.8% off hours.
Tesla: Chief Executive Elon Musk over the weekend tweeted a poll asking whether he should step down as head of Twitter. Tesla shares climbed 2.1% premarket.
Ford: The auto maker is slated Monday to lay out its arguments for a new trial in a truck-rollover lawsuit that resulted in a $1.7 billion jury verdict in Georgia over the summer. Its shares edged up 0.5% premarket.
Microsoft: The tech giant’s shares added 0.5% off hours. It has signaled it plans to challenge the Federal Trade Commission’s lawsuit to block its $75 billion deal for Activision Blizzard.
Madrigal Pharmaceuticals: The healthcare company said a late-stage clinical trial of a treatment for two liver conditions, nonalcoholic steatohepatitis and liver fibrosis, had produced “positive topline results.” Madrigal shares roughly tripled in value ahead of the opening bell.
