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The Score: Tesla, Xerox, Peloton and More Stocks That Defined the Week.
- Source :
-
Wall Street Journal - Online Edition . 1/6/2024, pN.PAG-N.PAG. 1p. - Publication Year :
- 2024
-
Abstract
- This article provides a summary of major stock moves and the news that influenced them. Tesla, the world's top electric-car maker, experienced a decrease in stock value after China's BYD surpassed it as the largest seller of electric vehicles in the fourth quarter of 2023. Xerox announced job cuts and a reorganization of its operating model, leading to a significant drop in stock value. Walgreens Boots Alliance reduced its dividend by 48% to save cash, and Conagra, the maker of Slim Jim and Healthy Choice products, lowered its outlook for 2024 due to a decline in sales. Peloton Interactive saw a rise in stock value after partnering with TikTok to create a workout content hub. Constellation Brands experienced higher profits due to strong beer sales. [Extracted from the article]
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 174638322