Stock Market Rollercoaster: A Day of Price Changes and Heavy Trading Activity
On Monday, the stock market saw a range of significant price changes and heavy trading activity. One notable change was the reduction in price for Tesla Inc. (TSLA), which dropped by $5.23 to $141.82 after the electric vehicle maker announced a price reduction on its “Full Self Driving” system. Meanwhile, Salesforce Inc. (CRM) experienced an increase of $1.92 to $272.29 after reports emerged that it had decided not to purchase Informatica.
Verizon Communications Inc. (VZ) also saw a decline of $1.64 to $38.85 after its first-quarter revenue fell short of Wall Street expectations, while Vista Outdoor Inc. (VSTO) experienced an increase of $1.94 to $34.30 after discussing potential sale talks with MNC Capital.
In contrast, AZZ Inc. (AZZ) saw an increase of $1.36 to $76.16 after exceeding analysts’ financial forecasts for the fiscal fourth quarter, and Zions Bancorp (ZION) experienced an increase of 90 cents to $40.82 following better-than-expected first-quarter earnings from the Utah-based regional bank