The major Wall Street index closed nearly 2% lower on Wednesday after the day was marred by uncertainties such as the midterm election results and a plunge in the cryptocurrency market. binance walked away from the acquisition deal FTX.com Wednesday after looking into the company’s finances.cryptocurrencies such as Bitcoin Bitcoin/USD When ethereum Ethereum/USD The news was followed by sharp price drops again on Wednesday. Meanwhile, the five stocks that are garnering investor attention today are:
1. Tesla Inc. TSLA: Tesla shares closed down more than 7% Wednesday on CEO news Elon Musk Between November 4th and November 8th, it sold 19.5 million shares in automakers worth nearly $4 billion.
Also read: Best brokerage and investment app
2. Amazon.com, Inc. AMZN: Amazon and Apple AAPL He was accused of conspiring to jack up in an antitrust lawsuit Wednesday. iphone When iPad Apple cut prices by removing almost all resellers of Apple’s new products from the retail giant’s website, Reuters reported. Amazon shares fell more than 4%, while Apple shares ended Wednesday trading more than 3% lower.
3. Coupang Co., Ltd. CPNGs: Shares of Coupang rose more than 8% in extended trading Wednesday after the e-commerce company posted a net profit of $91 million in the third quarter. Total net revenue was $5.1 billion, up 10% year-over-year, and total gross profit was $1.2 billion, up 64%.
Four. Rivian Automotive Riven: The EV maker’s stock rose more than 6% in long-term trading, even though the company posted a net loss of $1.724 billion in the third quarter. Rivian said it was reaffirming its guidance for 25,000 total production in 2022.
Five. Beigene Co., Ltd. BGNE: Biotech stocks rose more than 6% in extended trading on Wednesday after product earnings rose 82% to record $349.5 million. The company’s third-quarter net loss widened to $557.6 million from $438.1 million a year earlier.
Read the following: Roblox’s third-quarter earnings implosion breakdown: ‘These numbers are a disaster’