Morning stock updates: Tesla, Inc. up 1.96%,Pfizer Inc. drops 4.41%

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As on November 15, 2024 at 10:11 AM EST,some of the active stocks are:

Pfizer (PFE) shares have fallen 4.41%, losing $1.15 to $24.87. This drop comes despite the company’s dominant position in the pharmaceutical sector. Pfizer’s market capitalization now stands at $141.025 billion, with a trading volume of 42.630 million shares.

On a more positive note, Palantir Technologies (PLTR) saw a strong 6.40% increase, rising by $3.79 to $62.97. The company continues to benefit from its strong position in the data analytics and artificial intelligence markets, with a market capitalization of $143.356 billion and a high P/E ratio of 314.65.

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Tesla (TSLA) has gained 1.96%, increasing by $6.09 to $317.27. The electric vehicle manufacturer continues to see investor confidence, with a market cap of $1.017 trillion. Tesla’s P/E ratio is 87.00.

Rivian (RIVN) is down 4.33%, falling $0.45 to $9.86. The electric vehicle startup continues to face challenges in scaling production, which is reflected in the market’s reaction. Rivian’s market capitalization is $10.069 billion, and its P/E ratio remains negative, signaling ongoing concerns over profitability.

Amazon (AMZN) shares are down 3.35%, losing $7.09 to $204.39. The e-commerce giant’s decline could be attributed to broader market factors affecting the tech sector. Amazon’s market capitalization is $2.149 trillion, with a P/E ratio of 43.77, suggesting that the stock is still viewed as a growth-oriented investment despite short-term setbacks.

On the opposite side, Bloom Energy (BE) has seen an extraordinary 49.47% increase, rising by $6.57 to $19.85. With a market cap of $4.524 billion, Bloom Energy continues to draw attention as the global push for clean energy solutions intensifies.

Other notable moves

  • Super Micro Computer, Inc. (SMCI) saw a slight decrease of 0.31%, falling to $17.95.
  • Lucid Group, Inc. (LCID) experienced a decline of 2.64%, with shares dropping to $2.025.
  • Alibaba Group Holding Limited (BABA) was down 2.32%, falling to $88.47.
  • Primo Water Corporation (PRMW) fell 0.94%, trading at $24.21.

     

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a professional advisor before making any investment decisions.