Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Tesla, Amazon, Apple, Lufax And SoFi: Why These 5 Stocks Are Drawing Investors' Attention Today

Published 28/11/2022, 01:19
Updated 28/11/2022, 02:40
© Reuters.  Tesla, Amazon, Apple, Lufax And SoFi: Why These 5 Stocks Are Drawing Investors' Attention Today

© Reuters. Tesla, Amazon, Apple, Lufax And SoFi: Why These 5 Stocks Are Drawing Investors' Attention Today

Benzinga - Wall Street indices closed mixed on Friday with the Nasdaq and the S&P 500 closing in the red while the Dow ended the session higher. Investors and traders balanced the possibilities of a slower rate hike going further and strong retail earnings with concerns of COVID-19 lockdowns and protests in China. Meanwhile, here are the five stocks that are drawing investors’ attention on Sunday evening:

1. Tesla Inc (NASDAQ: NASDAQ:TSLA): The EV maker has filed for a voluntary recall of 80,561 cars in China for software and seatbelt issues, according to a notice filed with China State Administration for Market Regulation. Tesla shares ended 0.19% lower on Friday.

Also Read: Investing For Beginners

2. Amazon.com (NASDAQ:AMZN), Inc. (NASDAQ: AMZN): Amazon is reportedly planning to expand its latest streaming content to a more traditional setting by investing $1 billion each year toward running its new Prime Video releases in movie theaters. Shares of the retail giant closed 0.76% lower on Friday.

3. Apple Inc (NASDAQ: AAPL): Shoppers looking for Apple's latest high-end phones returned empty-handed from its stores on Black Friday as the technology giant struggles with production issues in China, reported Reuters. Apple shares (NASDAQ:AAPL) closed 1.96% lower on Friday.

4. Lufax Holding (NYSE: LU): Lufax Holding posted third-quarter earnings of $0.16 per share, missing analysts’ estimate of $0.17 per share. Shares of the company closed 20% lower on Friday.

5. SoFi Technologies Inc (NASDAQ: SOFI): Bank of America (NYSE:BAC) analyst Mihir Bhatia reiterated a ‘Buy’ rating on SoFi and cut the price target from $9 to $8. After the Biden administration extended the payment pause on federal student loans, the analyst believes it will be a headwind for SoFi. Shares of the company lost over 16% in five days.

Read Next: Shanghai Hit By COVID Protests: Demonstrators Chant 'Xi Jinping Step Down, CCP Step Down'

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.