Tesla, Nucor rise; AT&T, United Airlines fall
Jul 21, 2022, 1:08 AM | Updated: 1:09 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Tesla Inc., up $72.62 to $815.12.
The electric vehicle maker reported a better-than-expected $2.26 billion net profit for its latest quarter.
United Airlines Holdings Inc., down $4.24 to $37.44.
The airline’s latest quarterly results fell far short of Wall Street expectations due largely to soaring fuel prices.
AT&T Inc., down $1.56 to $18.92.
The telecom company cut its forecast for the amount of cash it will generate this year.
Dahaner Corp., up $23.23 to $279.23.
The maker of COVID tests and other medical diagnostic equipment reported results that easily beat analysts’ forecasts.
1Life Healthcare Inc., up $7.07 to $17.25.
Amazon will acquire the owner of primary care provider One Medical for $3.9 billion.
Philip Morris International Inc., up $3.76 to $93.59.
The cigarette maker jumped after reporting stronger profits than analysts had forecast.
Nucor Corp., up $10.77 to $128.52.
The steelmaker’s results came in higher than investors were expecting.
Ford Motor Co., up 27 cents to $13.
The Detroit automaker says it has contracts to deliver enough batteries to produce electric vehicles at a rate of 600,000 annually by late next year.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.