Nasdaq Down Over 400 Points; Tesla Shares Tumbles After Q2 Results
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 400 points on Thursday. Following the market opening Thursday, the Dow traded down 0.95% to 51,720.30 while the NASDAQ declined 1.58% to 25,286.26. The S&P 500 also fell, dropping, 0.86% to 7,434.23. Leading and Lagging Sectors Industrials shares jumped by 2.2% on Thursday. In trading on Thursday, communication services stocks fell by 4.4%. Top Headline Tesla Inc. (NASDAQ: TSLA ) shares dipped more than 12% on Thursday after the company reported mixed second-quarter financial results. Tesla reported second-quarter revenue of $28.24 billion. The total beat a Street consensus estimate of $25.71 billion, according to data Pro. Second-quarter earnings of 33 cents per share missed a Street consensus estimate of 50 cents per share. Equities Trading UP Eshallgo Inc (NASDAQ: EHGO ) shares shot up 77% to $3.12....
S. stocks traded lower this morning, with the Nasdaq Composite falling more than 400 points on Thursday. 26. 23.
2% on Thursday. 4%. Top Headline Tesla Inc. (NASDAQ: TSLA ) shares dipped more than 12% on Thursday after the company reported mixed second-quarter financial results.
24 billion. 71 billion, according to data Pro. Second-quarter earnings of 33 cents per share missed a Street consensus estimate of 50 cents per share. 12.
85. 43. 40 after the company announced a $9 million registered direct offering. 31 following reports suggesting the company is considering Chapter 11 Bankruptcy.
20. 00. 3960. Euro zone European shares were lower today.
6%. 47%. S. initial jobless claims US fell by 22,000 to 187,000 in the week ending July 18, compared to market estimates of 212,000.
19 in the previous month. Photo via Shutterstock