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Shares of Micron Technology Inc.
MU
tumbled 3.4% after posting first-quarter fiscal 2023 adjusted loss per share of $0.04, wider-than the Zacks Consensus Estimate of a loss per share of $0.02.
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Shares of CarMax Inc.
KMX
tanked 3.7% after reporting third-quarter fiscal 2023 adjusted earnings per share of $0.24, missing the Zacks Consensus Estimate of $0.58.
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Tesla Inc.’s
TSLA
shares plummeted 8.9% following its decision to offer a discount of $7,500 for the company’s Model 3 and Model Y electric vehicles.
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AMC Entertainment Holdings Inc.’s
AMC
shares plunged 7.4% following its decision of a reverse stock-split and initiation of a $100 million capital raising program to meet the company’s debt obligations.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
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