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Today's Morning Movers and Top Ratings: TSLA, CART, SAVE, F and More

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Movers and Shakers wrote a column · Jan 17 07:18
Morning Movers
Gapping up
$Instacart(Maplebear)(CART.US)$ stock rose 3% after Wolfe Research upgraded the delivery company to outperform from peer perform, saying it can enhance efficiencies in logistics and advertising to foster healthy revenue growth.
$Charles Schwab(SCHW.US)$ stock rose 1.2% after the broker's fourth-quarter profit beat expectations, although its revenue fell slightly short.
Gapping down
$Disney(DIS.US)$ stock fell 0.8% after the entertainment giant rejected nominees to its board of directors put forward by activist investors, saying the current leadership team has made "considerable" progress in executing a sweeping overhaul of the company.
$Tesla(TSLA.US)$ stock fell 1.2% after the electric vehicle manufacturer cut prices of its Model Y cars in Germany, where it lost the spot as top electric vehicle seller to Volkswagen in 2023, a week after it reduced its Model 3 and Model Y prices in China.
$Spirit Airlines(SAVE.US)$ stock fell 20%, continuing the previous session's slump, after a U.S. judge blocked $JetBlue Airways(JBLU.US)$ , down 1.8%, from acquiring the carrier, citing competition issues.
$Interactive Brokers(IBKR.US)$ stock fell 3.1% after the financial services company posted downbeat fourth-quarter revenue.
Source: CNBC; Investing.com
US Top Rating Updates on 01/17
Today's Morning Movers and Top Ratings: TSLA, CART, SAVE, F and More
Source: Dow Jones
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