-
Shares of Ford Motor Company
F
fell 0.1% after the company said that it will idle production of its f-150 trucks at its Michigan factory over the weekend owing to global shortage of semiconductors.
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Annaly Capital Management, Inc.’s
NLY
shares gained 1.2% after it struck a deal with investment firm Slate Asset Management to sell its commercial real estate business for $2.33 billion.
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Shares of Nio Limited
NIO
declined 4.8% after the company announced that it will temporarily halt production of its electric vehicles in Hefei, China due to the global semiconductor shortage.
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Progress Software Corporation’s
PRGS
shares rallied 5.9% after the company reported first-quarter fiscal 2021 non-GAAP earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.75 per share.
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