Major Wall Street indexes ended lower on Monday as investors reacted optimistically to the much-anticipated result Santa Claus Rally began to fade as recession fears gathered momentum. The Dow Jones index ended 0.49% lower, while the S&P 500 ended Monday’s session down 0.9%. The Nasdaq was the biggest loser, losing 1.49% by the end of the day. Meanwhile, here are five stocks that are catching investors’ attention:
1. Tesla Inc TSLA: Shares of Tesla closed 0.24% lower on Monday. Sen. Elizabeth Waren (D-Mass.), who is a longtime critic of the Tesla boss Elon Muskon Monday expressed concern that the EV maker’s board had failed to address the risks arising from his role as Twitter CEO, Reuters reported.
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2. Amazon.com, Inc. AMZN: Amazon shares closed 3.35% lower on Monday. The United States Navy on Monday awarded Amazon’s cloud computing division a five-year enterprise software license deal worth $723.9 million, Reuters reported. The deal gives the Navy access to Amazon Web Services (AWS) commercial cloud environment, professional services, and their training and certification courses.
3. apple inc AAPL: Apple shares closed 1.59% lower on Monday. That Commercial Court of Paris Apple on Monday fined over 1 million euros ($1.06 million) for imposing unfair trade terms on French app developers for access to its app store, Reuters reported, citing a court ruling.
4. Madrigal Pharmaceuticals Inc MDGL: Madrigal shares closed up 268.07% on Monday. The company has announced positive top-line results from the pivotal phase 3 MAESTRO-NASH biopsy Attempt with Resmetirom.
5. Walt Disney Co DIS: Walt Disney shares closed 4.77% lower on Monday. Reports show opening weekend sales “Avatar: The Way of Water” came in below box office expectations. The Avatar sequel grossed $134 million at the domestic box office in its opening weekend. Industry analysts reportedly expected an opening weekend sale closer to…
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