Tesla Falls, Lending Club Soars, Dow Rises After Improved Volumes in Industrial Unit
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
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.