Tesla, Apple, Novavax, Adobe, Guardant Health: Why These 5 Stocks…

Tesla, Apple, Novavax, Adobe, Guardant Health: Why These 5 Stocks…

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Major Wall Street indices closed over 2% lower on Thursday after US retail sales saw their steepest abyss in nearly a year last month, suggesting consumers are trimming spending around the holidays. Recession fears persist after this Those of the Federal Reserve political announcementwhere the central bank forecasts rate hikes through next year with no cuts through 2024.

The Nasdaq closed 3.23% lower while the Dow fell 2.25%, its worst day in three months. Meanwhile, here are the five stocks that are attracting investors’ attention today:

1. Tesla Inc TSLA: Tesla shares closed 0.55% higher on Thursday despite the US market’s plunge. chairman Elon Musk sold around 22 million shares of Tesla on Dec. 12-14, according to documents, a total of around 3.6 billion US dollars and the continuation of a Tesla sales story in 2022.

Also read: How to invest in startups

2. apple inc AAPL: An Australian regulator has accused Apple and microsoft corp MSFT not doing enough to stop the exploitation of children on their platforms, Reuters reported. Apple shares closed 4.69% lower on Thursday.

3. Novavax Inc NVAX: Novavax shares closed 34.3% lower on Thursday after the company proposed an underwritten public offering to sell up to $125 million of its common stock. It also announced a $125 million convertible bond offering due in 2027. Novavax has said in a filing that, subject to certain conditions, it would have to repay up to $225 million related to the upfront payment previously received from the Authority under the original UK supply agreement.

4. Adobe Inc ADBE: Adobe shares closed 3.3% lower but gained 4.64% in extended trading after the company said its fourth-quarter revenue rose 10% year-on-year to $4.53 billion are in line with average analyst estimates.

5. Guardant Health Inc GH: Shares of the company closed 2.32% lower on Friday, down 34.9% in extended trading after the company announced the results of its ECLIPSE study…

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