Stocks to Watch: Tesla, Snap, Hertz, Bank of America, Fabrinet
August 21 2018 - 7:19AM
Dow Jones News
By Amrith Ramkumar
Here are some of the companies with shares expected to trade
actively in Tuesday's session. Stock movements reflect premarket
trading. Check back when the market opens for an updated list.
Tesla Inc. -- Up 1%: Some Tesla suppliers are worried about the
auto maker's financial strength after production of the Model 3 car
drained some of its cash, The Wall Street Journal reported late in
Monday's session.
Snap Inc. -- Down 1.3%: The social-media firm fell for the fifth
straight session Monday, its longest streak of consecutive declines
since early May.
Hertz Global Holdings Inc. -- Up 0.8%: Hertz selected Jamere
Jackson, the former finance chief of Nielsen, to lead its finance
team and succeed Thomas Kennedy, who has resigned.
Bank of America Corp. -- Up 0.1%: Bank of America's brokerage
arm Merrill Lynch will pay $8.9 million to settle charges it failed
to disclose a conflict of interest, the Securities and Exchange
Commission said late in Monday's session.
Fabrinet -- Up 0.8%: The optical-equipment specialist exceeded
revenue expectations in its most recent quarter.
This is an expanded version of the "Stocks to Watch" section of
our Markets newsletter. To receive it every morning via email,
click here.
Write to Amrith Ramkumar at amrith.ramkumar@wsj.com
(END) Dow Jones Newswires
August 21, 2018 07:04 ET (11:04 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Aug 2024 to Sep 2024
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Sep 2023 to Sep 2024