Today's Morning Movers and Top Ratings: AAPL, NVDA, TSLA, MRNA and More
Morning Movers
Gapping up
(None listed)
Gapping down
$BioNTech (BNTX.US)$ shares fell 3.2% after the company's second-quarter earnings came in below expectations, with COVID-19 vaccine sales continuing to decline.
$Apple (AAPL.US)$ stock dropped 7.1% following news that Warren Buffett's Berkshire Hathaway sold almost half of its position in the company as part of a wider stock selloff.
$NVIDIA (NVDA.US)$ shares decreased by 12% on reports that the launch of the company's anticipated artificial-intelligence chips is delayed due to design issues.
$Intel (INTC.US)$ shares continued their downward trend, falling 5.6% after a significant earnings miss for the June quarter and an announcement of layoffs affecting more than 15% of its workforce.
$Tesla (TSLA.US)$ 's stock declined by 9.1%, joining the broader tech sector downturn, despite a 15.3% year-over-year increase in sales of its China-made electric vehicles.
$Coinbase (COIN.US)$ shares took a 15.6% hit as the cryptocurrency exchange felt the impact of broader selling in the sector and a significant drop in bitcoin value.
$CrowdStrike (CRWD.US)$ 's stock decreased by 7.1% even though the cybersecurity firm denied any responsibility for the massive outage at Delta Air Lines that led to thousands of flight cancellations in July.
$Moderna (MRNA.US)$ stock went down by 5.4% after RBC Capital Markets downgraded the company to "Sector Perform" from "Outperform," pointing to increasing obstacles in the RSV and COVID vaccine markets.
Source: CNBC; Investing.com
US Top Rating Updates on 08/05
![Today's Morning Movers and Top Ratings: AAPL, NVDA, TSLA, MRNA and More](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240805/ec15dd0a37f643c9bfc5f2ce60bf2786.jpg?area=100&is_public=true)
Source: Dow Jones
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