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Tesla Falls, Lending Club Soars, Dow Rises After Improved Volumes in Industrial Unit
Manage episode 515204455 series 3654950
On this episode of Stock Movers:
- Tesla (TSLA) shares fell after the electric-car maker reported earnings for the third quarter that missed the average analyst estimate and costs undercut a record quarter of vehicle sales. Elon Musk used the earnings to discuss AI initiatives and his trillion-dollar compensation package.
- Lending Club (LC) shares soar after the online lender posted third-quarter results that beat estimates and provided a guidance range for new 4Q originations with a midpoint above estimates. JPMorgan upgraded the stock to overweight.
- Dow (DOW) shares rise after improved volumes in the industrial unit helped reduce its loss from the previous quarter more than analysts expected.
See omnystudio.com/listener for privacy information.
1107 episodes
Manage episode 515204455 series 3654950
On this episode of Stock Movers:
- Tesla (TSLA) shares fell after the electric-car maker reported earnings for the third quarter that missed the average analyst estimate and costs undercut a record quarter of vehicle sales. Elon Musk used the earnings to discuss AI initiatives and his trillion-dollar compensation package.
- Lending Club (LC) shares soar after the online lender posted third-quarter results that beat estimates and provided a guidance range for new 4Q originations with a midpoint above estimates. JPMorgan upgraded the stock to overweight.
- Dow (DOW) shares rise after improved volumes in the industrial unit helped reduce its loss from the previous quarter more than analysts expected.
See omnystudio.com/listener for privacy information.
1107 episodes
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