Tesla, Coinbase, Lucid, Axon, Jack Henry & Associates: Why These 5…

Tesla, Coinbase, Lucid, Axon, Jack Henry & Associates: Why These 5…

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Major Wall Street indices closed higher on Tuesday ahead of midterm election results as investors and traders anticipate Republicans will gain control of the House of Representatives and potentially win the Senate. Market participants will also pay attention to this consumer price inflation in this week. In the meantime, here are the five stocks that are attracting investors’ attention:

1. Tesla Inc TSLA: The EV maker is recalling over 40,000 Model S and Model X vehicles manufactured between 2017 and 2021. Tesla announced this National Road Safety Authority about the matter on November 1st and the recall was initiated due to issues with electronic power steering or EPAS system. Tesla shares closed 2.93% lower on Tuesday, falling 0.52% in extended trading.

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2. Coinbase Global Inc COIN: Coinbase shares closed over 10% lower on Tuesday, shedding 1.22% in extended trading after investors worried about the cryptocurrency exchange’s financials FTX. Cryptocurrency volatility occurred when Changpeng Zhaothe founder and CEO of binance, announced its trading platform liquidate all of its FTT holdings.

3. Lucid Group Inc LCID: Lucid shares fell over 10% in extended trading on Tuesday after the company reported its third-quarter earnings. The automaker posted a loss of 40 cents a share versus an analyst estimate of 31 cents a share. according to to Bloomberg.

4. Axon Enterprise Inc AXON: Axon shares are up more than 8% in extended trading on Tuesday after the taser-maker raised its full-year outlook. Axon’s full-year 2022 revenue guidance has improved to a range of $1.15 billion to $1.16 billion, reflecting growth of about 34% year over year at the midpoint, it said in a statement.

5. Jack Henry & Associates, Inc. JKHY: Shares of the tech company fell over 7% in extended trading on Tuesday after the company announced earnings. Jack Henry Announced an 8% Increase in GAAP Earnings…

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