People are walking outside the AMC Empire 25 cinema in Times Square, while the city continues its reopening efforts following restrictions imposed to slow the spread of the coronavirus on December 23, 2020 in New York.
Noam Galai | Getty Images
Consult the companies that make securities in the trading of lunch.
Tesla – The electric vehicle company’s share price rose 5% after Tesla’s first quarter delivery numbers exceeded street expectations. The company led by Elon Musk said it delivered a total of 184,800 vehicles, while analysts were looking for 168,000 deliveries. Wedbush updated Tesla after printing, saying it was a “paradigm shift.”
AMC Entertainment – The shares of the film company increased by 15% after B. Riley Securities updated the shares to a purchase rating. „„ Godzilla vs. Kong “destroys persistent concerns about the importance of the theater window and demonstrates a solid path to reappearance,” the company wrote in a note to customers. B. Riley also raised its stock target to $ 13, which is 39% higher than the shares closed on Thursday.
Carnival, Norwegian and Royal Caribbean – Cruise operators Carnival and Norwegian gained 4.4% and 6.3%, respectively, after the Centers for Disease Control and Prevention updated their guidelines for the resumption of cruise ships in the US. Norwegian specifically asked the CDC if it could resume cruises from US ports as early as July 4th. Royal Caribbean added 3.4%.
Charles Schwab – The brokerage firm rose 2.9% to a 52-week high after Goldman Sachs placed the shares on the conviction list ahead of its April 15 earnings. strong retail commitment. Goldman also raised its 12-month price target on Schwab to $ 77 per share from $ 67 per share.
Roblox – The shares of the online gaming platform increased by more than 6% after Goldman Sachs started covering the shares with a purchase rating. The Wall Street firm said that creating and generating money for Roblox content allows it to outsource the development costs of the game to its creators, while maintaining the economic advantage. Roblox went public through a direct list last month.
GameStop – The shares of the video game retailer were volatile on Monday, down almost 3% around noon. The company’s share price fell by up to 14% earlier that day. The weak point came after GameStop said it could sell additional shares worth up to $ 1 billion, following a brief history fueled by Reddit. The company said it intends to use the revenue to further accelerate the transformation of e-commerce and strengthen its balance sheet.
Trimble – Shares of the digital construction and agriculture company rose nearly 4.6% after Cathie Wood’s Ark Innovation bought 453,214 of its shares. Based on Thursday’s closing price of about $ 83 per share, Ark’s acquisition was worth $ 37.6 million north.
Ford, General Motors – Old car stocks rose Monday after Wells Fargo began covering overweight companies. Ford fell 2.4%, while GM shares rose 3.7%. Wells Fargo said in a pair of notes that Ford and GM were ready to be leaders in the next generation of vehicles and transportation.
Pinterest – Photo-sharing shares rose 1.8% after The New York Times reported that the company was considering acquiring social media company VSCO.
Planet Fitness – The shares of the fitness chain increased by 1.5% after the Wall Street Journal reported that it intends to open up to 100 new locations in the next fiscal year, adding to the current total of over 2,100. Chief Financial Officer Tom Fitzgerald told the newspaper that Planet Fitness will also invest in its application.
– with reports from CNBC Pippa Stevens, Yun Li, Jesse Pound and Tom Franck.