Today's Morning Movers and Top Ratings: GME, NVDA, TSLA, DJT and More
Morning Movers
Gapping up
$Tesla(TSLA.US$ stock increased by 1.52% as analysts from Wedbush noted the electric vehicle maker's gradual growth improvement in China, with a "mini rebound" in Q2 possibly aiding the company in achieving the Wall Street estimate of 435,000 units.
$Chewy(CHWY.US$ stock soared by 11.78% following the revelation by Keith Gill, also known as "Roaring Kitty," of owning a 6.6% share in the pet products retailer.
$Meta Platforms(META.US$ saw a 0.9% uptick despite the company, known for owning Facebook, facing charges from EU antitrust regulators for non-compliance with significant technology regulations.
$Trump Media & Technology(DJT.US$ stock enjoyed a 2.84% increase, recovering after the significant losses experienced on Friday amidst volatile trading subsequent to the first presidential debate between Joe Biden and Donald Trump.
$NIO Inc(NIO.US$ ADRs saw a 4.33% rise, while Li Auto stock advanced by 3.1% as both Chinese electric vehicle manufacturers reported robust deliveries for June.
Gapping down
$Boeing(BA.US$ stock dipped by 0.8% after the aerospace manufacturer confirmed it would reacquire Spirit Aerosystems for more than $4 billion, concluding months of conjecture about the transaction as Boeing grappled with a fresh safety crisis.
$NVIDIA(NVDA.US$ shares declined by 0.4%, stabilizing after an impressive year-to-date rally of nearly 150%, even as Morgan Stanley raised its price target on the semiconductor company, praising its strong position in the AI semiconductors sector.
$GameStop(GME.US$ stock dropped by 7.1% after Keith Gill, also known as "Roaring Kitty" and a notable stock influencer, faced accusations of securities fraud in a class-action lawsuit related to the video game retailer.
Source: CNBC; Investing.com
US Top Rating Updates on 07/01
Source: Dow Jones
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