As investors got ready for a small wave of big technology and some corporate earnings reports, stocks were falling on Monday, according to Investing.com. The competition removals for April 24 are listed below.
Shares of Tesla Inc.( NASDAQTSLA ) decreased 2.9 % after the maker of electric vehicles announced that it would spend more money than anticipated this year to boost output. From a previous forecast of$ 6B to$ 8B, it increased its forecast for capital expenditures to$ 7 billion to$ 9B.
Shares of Bed Bath & amp Beyond Inc.( NASDAQBBBY ) dropped 32.8 % after the struggling home goods retailer requested bankruptcy protection on Sunday. The attempts to raise money by selling property fell short of expectations.
Shares of First Republic Bank( NYSEFRC ) increased by 9 % as the regional bank is expected to release earnings following tonight's's closing bell. The executives' opinions on borrowing and deposit trends may be heard by investors.
After the Hollywood studio, theme park, and media behemoth Walt Disney Company( NYSEDIS ) began another round of job cuts in an effort to reduce headcount by 7,000, shares of the company fell 0.6 %.
After activist investor Trillium Capital offered to buy the outstanding shares it doesn't already own for$ 10 each, valuing the stock-photo platform at$ 3.95 billion, Getty Images Holdings Inc.( NYSEGETY ) shares increased 36 %.
Tesla, Bed Bath & amp Beyond, First Republic, Midday Movers, and more