Wednesday, December 1, 2021

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    General Motors, Astra, etc.

    The GM logo will appear on the water tanks of the General Motors Assembly Plant in Ramos Arispe, Coahuila, Mexico, on February 11, 2021.

    Daniel Betheryl | Reuters

    Check out the companies that make headlines for trading at noon.

    Activision Blizzard — The stock of video games continues to be monitored as the company has been accused of being reportedly sexually illegal. Activision CEO Bobby Cotic told senior executives that he would consider quitting his job if he couldn’t solve the cultural problems of video game makers. The Wall Street Journal Report Sunday.

    Terra dock — Virtual healthcare service company share fell 6.7% after BTIG Downgrade inventory From purchase to neutral. BTIG noted that he was “disappointed” with expectations of increased membership and said he saw membership as “the most important indicator of long-term growth.”

    General Motors — General Motors shares are owned by CNBC Acquired 25% stake At Pure Watercraft, a Seattle-based boat startup. GM will be a supplier of Pure Watercraft components, providing engineering, design and manufacturing expertise to help establish new factories.

    Rivian, Ford — Rivian shares fell more than 8%, expanding their losses from Friday on news of a deal with Ford to co-develop an electric vehicle was canceled.. Ford shares rose 5%.

    Tesla — Tesla’s share rose 1.7% after CEO Elon Musk tweeted the company’s Model S plaid electric sedan Will “probably” launch In response to a question from another Twitter user, in China early next spring.

    Flashing charging — After Cohen, EV charging companies’ share fell by more than 11% Downgrade inventory Perform a valuation on the market. According to the company, the company’s reputation seems to be higher than that of other companies in the same industry due to the “euphoria of the entire EV charging stock.” The group has been boosted in recent sessions thanks to an infrastructure bill that will fund billions of dollars in the country’s charging network.

    Vaccine Maker — Vaccine Maker’s Share Increased After Friday’s Centers for Disease Control and Prevention Offers Final clearance For their Covid booster shots for adults in the United States. Pfizer and BioNTech also reported bright findings from vaccinated people aged 12 to 15 years. Modana It increased by 7% on Monday. Pfizer Add almost 1% and its partners BioNTech I jumped over 11%.

    Vonage, Ericsson — Vonage’s share surged 27% The next news it gets $ 6.2 billion by Swedish telecommunications company Ericsson.The deal is expected to close in the first half of 2022, Ericsson’s Acquisition of US wireless network company Cradlepoint Last year it was $ 1.1 billion. Ericsson shares have fallen by more than 7%.

    Astra — Rocket builder share surged 17% after company Reach orbit for the first time On the weekend. Astra’s LV0007 rocket was launched Saturday from the Pacific Paceport Complex in Kodiak, Alaska, and carries a US Space Force test payload.

    Banks — Bank stocks rose with Treasury yields after President Joe Biden announced the nomination of Federal Reserve Chairman Jerome Powell for the second term. JP Morgan, Goldman Sachs When Morgan Stanley All increased by more than 2%. Bank of America It increased by almost 2%.When Wells Fargo It increased by more than 3%. Bank stocks tend to benefit from rising interest rates in order to enable higher profits.

    — CNBC’s Hannah Miao, Pippa Stevens, and YunLi contributed to this report.

    General Motors, Astra, etc.

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