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Today's Morning Movers and Top Ratings: TSLA, BRK.A, SBUX and More.

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Movers and Shakers wrote a column · Nov 6, 2023 07:36
Morning Movers
Gapping up
$Tesla(TSLA.US)$ stock rose 1.9% after Reuters reported that the electric vehicle manufacturer plans to build a €25,000 (€1 = $1.0753) car at its factory near Berlin, in an attempt to enter the mass market.
$BioNTech(BNTX.US)$ stock rose 3.1% after the drugmaker cut its 2023 revenue target on lower demand for the COVID-19 vaccine made with Pfizer, but said the impact from write-downs at its U.S. partner was less than initially thought.
$Berkshire Hathaway-A(BRK.A.US)$ stock rose 0.4% after Warren Buffet's holding company reported a record high cash pile of $157 billion in the third quarter, in a sign that the group is cautiously gauging stock valuations and the broader market environment during a time of high borrowing costs and political strife.
$Starbucks(SBUX.US)$ stock rose 0.5% after the coffee chain announced plans to raise the hourly pay for its U.S. retail workers by at least 3% from 2024, as it plans to expand its store count amid strong demand for its coffees from younger and more affluent customer base.
$Ryanair(RYAAY.US)$ ADRs rose 9.2% after the low-cost carrier delivered a record annual profit forecast and outlined plans for its first-ever ordinary dividend.
Gapping down
$Dish Network(DISH.US)$ stock fell 6.2% after the satellite television company reported a drop in third-quarter revenue, swinging to a loss for its fiscal third quarter as its pay-TV subscribers declined.
Source: CNBC; Investing.com
US Top Rating Updates on 11/06
Today's Morning Movers and Top Ratings: TSLA, BRK.A, SBUX and More.
Source: Dow Jones
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