Today's Morning Movers and Top Ratings: RDDT, GME, ABBV, COIN and More
Morning Movers
Gapping up
$Reddit (RDDT.US)$ stock increased by 12% as the company announced a partnership with OpenAI to incorporate its content into the AI firm's products.
$Tesla (TSLA.US)$ 's stock inched up 0.1% following reports that the company is advancing its use of China-collected data to enhance the development of its autonomous driving technology globally.
$Boeing (BA.US)$ 's stock saw a modest uptick of 0.2% ahead of a shareholder vote on whether the outgoing CEO David Calhoun will maintain his position on the board of the company.
Gapping down
$Take-Two Interactive Software (TTWO.US)$ 's shares dropped 2.6% after the company released disappointing annual earnings projections and disclosed that the highly anticipated GTA VI game would only be released in 2025.
$DXC Technology (DXC.US)$ 's stock plunged over 23% as the IT service provider projected weaker-than-expected annual guidance.
$GameStop (GME.US)$ 's shares decreased by 10%, following a steep 30% fall on Thursday, as the momentum from a recent rally faded.
$XPeng (XPEV.US)$ 's stock declined by 1.8% after the Chinese electric vehicle maker revealed plans to expand by introducing a sports utility vehicle and minivan to the Hong Kong market.
$HSBC Holdings (HSBC.US)$ 's ADRs went down by 0.9% amid news that its largest shareholder, Ping An Insurance, might reduce its stake in the financial institution.
Source: CNBC; Investing.com
US Top Rating Updates on 05/17
![Today's Morning Movers and Top Ratings: RDDT, GME, ABBV, COIN and More](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240517/02b219721f06450c8135a67adf2a422c.jpg?area=100&is_public=true)
Source: Dow Jones
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Ziggz420 : funny how $Faraday Future Intelligent Electric Inc. (FFIE.US)$ is left out at 1300% gain with a 95% short rate can pump this stock to mars
Sixav :![raised_hands 🙌](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64c.png)
![raised_hands 🙌](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64c.png)