TSLA, DWAC, RUM, IONQ, MCB: Stocks With the Best Trends – Tesla (NASDAQ:TSLA),…

TSLA, DWAC, RUM, IONQ, MCB: Stocks With the Best Trends – Tesla (NASDAQ:TSLA),…

Facebook
Twitter
LinkedIn

Major Wall Street indices closed in the green on Thursday, led by gains in technology stocks. However, the Joe Biden-Government proposal for tougher rules for mid-sized banks dragged bank stocks lower. Investors also weighed on the release of US fourth quarter GDP growth this was slightly lower at 2.6% from previous estimates of 2.7%.

Meanwhile, the following are five stocks that are catching investors’ attention:

1. Tesla Inc TSLA: Shares of Tesla closed up 0.72% on Thursday. The EV maker wants to build a new plant in the US in consultation with China Contemporary Amperex Technology Co. Ltd., reported Bloomberg citing sources. Tesla has discussed plans with White House officials, the report added.

Also read: Everything you need to know about Tesla stock

2. Digital World Acquisition Corp DWAC: Shares in the blank check company set to merge with the former US President donald trump‘s social media company, gained 11.87% in extended trading. Trump was indicted by a grand jury in Manhattan alleged role in the commission of a crimeaccording to the Washington Post.

3. Rumble Inc RUM: The company’s shares are up over 16% in extended trading. Rumble’s fourth-quarter revenue rose 579% year over year to $20 million, beating consensus estimates of $10.18 million Benzinga Pro data. Average global monthly active users rose to 80 million, up 142% year over year.

4. IONQ Inc IONQ: The company’s shares gained over 6% in extended trading. IonQ announced that it booked revenue of $3.8 million for the fourth quarter, compared to $1.6 million for the same period last year. Net loss was $18.6 million for the fourth quarter, compared to $74.1 million for the same period last year.

5. Metropolitan Bank Holding Corp MCB: The company’s shares closed 27.58% lower but was up 19.87% in extended trading. Investors and traders weigh in Vidar Research Titled sub-batch “Metropolitan Commercial Bank is a mixed bag of problems”,…

[ad_2]

Source story

More to explorer