Reported 2 days ago
In this Market Minute, Yahoo Finance's Julie Hyman discusses the latest movements in the stock market. Electric vehicle manufacturer Nikola (NKLA) is experiencing a decline after filing for Chapter 11 bankruptcy and plans to auction assets. Etsy (ETSY) is facing challenges as its fourth quarter revenue did not meet expectations, influenced by decreased consumer spending and stiff competition. Conversely, SolarEdge Technologies (SEDG) saw a rise in stock value after surpassing revenue forecasts and reporting positive cash flow, with optimism expressed by its CEO about the company's future.
Source: YAHOO