Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla and more
Publishing timestamp: 2023-01-30 12:32:49
Summary
This article discusses the stock performance of several public companies, including Colgate-Palmolive, Tesla, GE Healthcare Technologies, Ford Motor Company, Macy's, AMC Entertainment, Carvana, Moderna, and Advanced Micro Devices. Morgan Stanley upgraded Colgate-Palmolive stock to overweight from equal weight and named it top pick in household and personal care industry, while Berenberg lowered its earnings estimate for Tesla by around 25%. Goldman Sachs said Macy's is best-positioned retailer and initiated coverage with buy rating, and AMC Entertainment announced shareholder meeting in March for potential change to its capital structure. Carvana shares surged 28.5% as apparent short squeeze boosted beleaguered stock, while Moderna vaccine producer fell another 3.2%. Advanced Micro Devices fell 2.1% after slew of Wall Street analysts said they are worried about company's upcoming earnings report.
Sentiment: MIXED
Tickers: M, MRNA, CVNA, F, AMD, GEHC, AMC, CL, TSLA,
Keywords: breaking news, ge healthcare technologies inc, advanced micro devices inc, carvana co, business news, macy's inc, amc entertainment holdings inc, ford motor co, colgate-palmolive co, economy, breaking news: markets, moderna inc, tesla inc, stock markets, markets, market insider,
Source: https://www.cnbc.com/2023/01/30/stocks-making-the-biggest-moves-midday-carvana-amd-and-more.html