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Tesla snatched biggest gain in 11 years: How long will the rally last?
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Today's Pre-Market Movers and Top Ratings | TSLA, UPS, KKR, IBM and More

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Movers and Shakers joined discussion · Oct 24, 2024 20:36
Morning Movers
Gapping up
$Tesla (TSLA.US)$ 's stock surged 14.2% following announcements of higher-than-anticipated third-quarter profits and an expected slight increase in vehicle deliveries for the year.
$United Parcel Service (UPS.US)$ experienced a significant 8.8% boost in stock prices after surpassing third-quarter earnings and revenue forecasts.
$Northrop Grumman (NOC.US)$ 's stock appreciated by 2.6% as the company once again raised its profit outlook for 2024, spurred by increased defense spending globally in response to ongoing international conflicts.
$Hasbro (HAS.US)$ shares increased by 2.0% even though sales fell more than anticipated; effective cost management helped improve profit margins.
$KKR & Co (KKR.US)$ enjoyed a 3.2% rise in its stock after reporting a substantial increase in adjusted net income for the quarter, driven by unprecedented fee-related earnings and profitable returns from its insurance sector.
Gapping down
$Boeing (BA.US)$ 's shares dropped 2.8% after its workforce continued a strike, rejecting a revised contract offer, thus putting pressure on the new CEO's efforts to improve the company's financial health.
$IBM Corp (IBM.US)$ 's stock fell 4.1% due to a downturn in enterprise spending on non-GenAI projects, which adversely affected its consulting operations despite ongoing strength in the software division.
$Keurig Dr Pepper (KDP.US)$ 's shares slipped 2.7% following its announcement to acquire a majority stake in Ghost, an energy-drink company, for $990 million, with plans to purchase the remainder in 2028.
$Harley-Davidson (HOG.US)$ 's stock declined 2.6% after the company revised its annual revenue forecasts downward, attributing the adjustment to sustained high inflation and increased borrowing costs impacting North American sales.
Source: CNBC; Investing.com
US Top Rating Updates on 10/24
Today's Pre-Market Movers and Top Ratings | TSLA, UPS, KKR, IBM and More
Source: TipRanks
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