Stock Movers

On this episode of Stock Movers: - Tesla's (TSLA) vehicle sales fell 13% last quarter to 336,681, its worst showing since the second quarter of 2022, due to factory retooling and international backlash against Elon Musk. Tesla Inc.’s deliveries from its Shanghai factory fell for the sixth straight month, extending a global sales decline as the brand continues to lose share in China’s ultra-competitive electric-vehicle market.- Newsmax (NMAX) shares drop as the conservative media outlet pauses its blistering IPO rally which saw shares surge 2,230% since its debut this week. Newsmax's stock surge is reminiscent of the meme stock craze in 2020 and 2021, with investors piling into stocks to power eye-popping gains, despite concerns about the company's fundamental value and ongoing litigation.- Roblox (RBLX) shares rise as the company is introducing new tools to help parents control their children's interactions with strangers on the platform, including limiting who they can interact with and viewing/restricting game play.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Tesla's (TSLA) vehicle sales fell 13% last quarter to 336,681, its worst showing since the second quarter of 2022, due to factory retooling and international backlash against Elon Musk. Tesla Inc.’s deliveries from its Shanghai factory fell for the sixth straight month, extending a global sales decline as the brand continues to lose share in China’s ultra-competitive electric-vehicle market.- nCino (NCNO) shares slide after the software company gave a weaker-than-expected outlook, prompting multiple downgrades. The stock touched an all-time low, shares seeing biggest intraday drop on record- Newsmax (NMAX) shares drop as the conservative media outlet pauses its blistering IPO rally which saw shares surge 2,230% since its debut this week. Newsmax's stock surge is reminiscent of the meme stock craze in 2020 and 2021, with investors piling into stocks to power eye-popping gains, despite concerns about the company's fundamental value and ongoing litigation.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Schwab (SCHW) are up premarket after Citigroup raised the recommendation on the financial services firm to buy from neutral. Analyst Chris Allen wrote in a note, “For most names, we have reduced our earnings estimates due to market-driven and/or capital markets revisions. Schwab was the exception where improving new net assets trends, better-than-expected trading and capital return outlook provided an offset."- Trump Media & Technology Group (DJT) slumped in pre-market trading after the company filed on April 1 to register up to 142.5 million shares and warrants for sale. The filing is the first step for the president’s trust, controlled by his son Donald Trump Jr.. to sell down a 114.75 million share stake. It also registered millions of shares owned by the sponsor of the blank-check firm that merged with Trump Media to take it public last year.- Newsmax (NMAX) shares are retreating in US premarket trading, pausing its blinding IPO rally which saw shares surge 2,230% since its debut earlier this week. The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times.- Hims & Hers (HIMS) shares jumped as much as 14%, the most intraday since February, after the firm said it is expanding its weight-loss offerings by adding access to generic liraglutide and branded tirzepatide through its telehealth platform.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Tesla (TSLA) shares are moving to the downside after its China’s March total shipments dropped 11.5% y/y to 78,828 units, according to Bloomberg calculations based on preliminary data released by China’s Passenger Car Association. The company faces challenges including a production slowdown, cooling EV market, and broader economic uncertainty, and aims to return to growth after logging its first annual sales drop in over a decade last year.- Palantir (PLTR) shares dipped this morning as the AI play, which has partnerships with hyperscalers, continues to move to the downside amid uncertainty and artificial intelligence uncertainty.- Amazon (AMZN) is moving downward this morning with tech in focus on Liberation Day and how tariffs will affect supply chains of the Big Tech companies. - Schwab (SCHW) is the biggest upside mover in the S&P 500 premarket after Citigroup raised the recommendation on the financial services firm to buy from neutral. Analyst Chris Allen wrote in a note, “For most names, we have reduced our earnings estimates due to market-driven and/or capital markets revisions. Schwab was the exception where improving new net assets trends, better-than-expected trading and capital return outlook provided an offset."See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Mercedes-Benz Group AG is considering withdrawing its least expensive cars from the US because President Donald Trump’s auto tariffs would likely make their sales economically unfeasible, according to people familiar with the matter.- European pharma stocks could be in focus on Wednesday after a selloff in US peers following the close of European trading on Tuesday. Meanwhile, also watch Novo Nordisk and obesity drug peers after US firm Hims & Hers Health said it was broadening its weight-loss offerings. - Irish convenience food manufacturer Greencore Group Plc agreed to buy Bakkavor Group Plc in a deal that values its London-listed rival at about £1.2 billion. The company will pay 85 pence in cash and 0.604 Greencore shares for each Bakkavor share, according to a statement, which said the Bakkavor board is inclined to recommend the in-principle agreement to shareholders.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:-Newsmax's (NMAX) meme-stock moment has given it a market value greater than Fox Corp.’s, with shares surging 2,230% since its debut earlier this week. The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times. Tuesday’s jump added $19.2 billion in market value as over 10 million shares swapped hands.- Live Nation Entertainment (LYV) shares rose after President Donald Trump signed an executive order aimed at cracking down on ticket scalping and fees that drive up costs of live events. TD Cowen said it sees the executive order as a chance for the Ticketmaster owner to settle the antitrust lawsuit filed by the Department of Justice. Meantime, shares in online ticketing marketplace Vivid Seats (SEAT) fell.- PVH Corp (PVH) shares climbed in their biggest intraday advance in two years after the owner of Calvin Klein and Tommy Hilfiger brands gave a guidance for 2026 adjusted earnings that beat the average analyst estimate. The outlook, which excludes currency fluctuations, surpasses the average analyst estimate of a 0.5% revenue decline for the period from the previous year. It’s more cautious than the view offered by Chief Executive Officer Stefan Larsson in December, when he projected “modest growth” for 2025. Revenue decreased 5% on a constant currency basis in 2024, the company said in a statement.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Johnson & Johnson (JNJ) shares fell the most in five years after the company’s plan to settle thousands of talc-related lawsuits through bankruptcy was shot down in court. The ruling means J&J will have to fight roughly 60,000 claims brought by women who say the company’s hallmark baby powder caused ovarian cancer and other, similar gynecological diseases in courts across the country. It may also have to set aside far more than the $9 billion it had earmarked for victims. J&J’s shares dropped as much as 5.6% in New York today, marking the biggest intraday loss since March 2020.-PVH Corp (PVH) shares climbed in their biggest intraday advance in two years after the owner of Calvin Klein and Tommy Hilfiger brands gave a guidance for 2026 adjusted earnings that beat the average analyst estimate. The outlook, which excludes currency fluctuations, surpasses the average analyst estimate of a 0.5% revenue decline for the period from the previous year. It’s more cautious than the view offered by Chief Executive Officer Stefan Larsson in December, when he projected “modest growth” for 2025. Revenue decreased 5% on a constant currency basis in 2024, the company said in a statement. - Roblox (RBLX) shares are up as the video-game company announced it will roll out Rewarded Video ads for programmatic buying through Google. Rewarded video ads allow users to earn in-game perks for watching up to 30-seconds of full-screen video ads, according to a statement from Roblox on Tuesday. The gaming platform, which has 85 million daily users, has been increasing its advertising capability over the last few years, creating lucrative partnerships with the likes of Ralph Lauren, Chipotle Mexican Grill and other brands.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Newsmax (NMAX) shares jump, putting the conservative media outlet’s stock on track to extend gains after it jumped 735% in its debut on Monday. Newsmax Inc.’s debut as a public company has given founder and Chief Executive Officer Christopher Ruddy a fortune of about $3.3 billion.The conservative cable news network sold $75 million of shares at $10 each in Monday’s initial public offering.- Live Nation (LYV) shares took a hit after President Donald Trump signed an executive order cracking down on ticket scalping and fees that drive up the costs of attending live events for consumers. The order directs the Federal Trade Commission to work with the Department of Justice to ensure that competition laws are enforced in the concert and entertainment industry — including the Better Online Ticket Sales, or BOTS, Act.- PVH Corp., the owner of the Calvin Klein and Tommy Hilfiger brands, is expecting sales growth to be flat or slightly positive this year, outpacing analysts’ expectations.The outlook, which excludes currency fluctuations, surpasses the average analyst estimate of a 0.5% revenue decline for the period from the previous year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shake Shack (SHAK) shares rose after Loop Capital Markets upgraded the burger chain’s stock to buy from hold, citing a recent pullback in shares as well as potential upside to the company’s earnings.- Johnson & Johnson (JNJ) shares fall after a federal judge rejected the health-care products maker’s third attempt to use the bankruptcy of one of its small units to end baby powder cancer claims. Analysts said this added to the overhang on the shares given the uncertainty over how the company will deal with the claims.- Newsmax (NMAX) shares jump, putting the conservative media outlet’s stock on track to extend gains after it jumped 735% in its debut on Monday. Newsmax Inc.’s debut as a public company has given founder and Chief Executive Officer Christopher Ruddy a fortune of about $3.3 billion.The conservative cable news network sold $75 million of shares at $10 each in Monday’s initial public offering.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Newsmax (NMAX) shares popped after opening 40% above their initial public offering price of $10 apiece, before triggering a halt for volatility. The cable news network raised $75 million from the sale of 7.5 million shares, according to a statement Mar. 28, and its IPO has given founder and CEO Christopher Ruddy a fortune of about $3.3 billion after its shares surged 735%.- Johnson & Johnson (JNJ) is falling after a federal judge rejected the health-care products maker’s third attempt to use bankruptcy of one of its small units to end baby powder cancer claims. Analysts said that this added to the overhang on the shares given the uncertainty over how it will deal with the claims.- Live Nation (LYV) shares are down after President Trump signed an executive order cracking down on ticket scalping and fees that drive up the costs of attending live events for consumers. The order directs the Federal Trade Commission and other agencies to ensure competition laws are enforced, promote price transparency, and prevent ticket resellers from gouging consumers.- Microvast Holdings (MVST) jumped as much as 56% in US premarket trading after the lithium-ion battery maker reported 2024 revenue that beat its guidance thanks to growing demand for its technology.See omnystudio.com/listener for privacy information.