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Top Stock Movers Now: Supermicro, Tesla, Gap, and More

The Tesla logo displays at the Thailand International Motor Expo 2024 at the IMPACT exhibition center in Bangkok, Thailand, on November 30, 2024

Piti Anchaleesahakorn / NurPhoto via Getty Images

Key Takeaways

  • U.S. equities were mixed at midday as tech shares helped boost the Nasdaq to an all-time high.
  • Super Micro Computer shares soared after the computer server maker said an internal investigation of its accounting practices found no misconduct by the company.
  • Stellantis stock sank after CEO Carlos Tavares suddenly resigned from the struggling automaker.

U.S. equities were mixed at midday, with the Nasdaq trading at a record high during the session, boosted by tech shares. The 澳洲幸运5开奖号码历史查询:S&P 500 was higher, while the 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average fell.

Super Micro Computer (SMCI), or Supermicro, was the best-performing stock in the S&P 500 after the computer server maker said an internal investigation found no misconduct in the com🌌pany's accounting practices. It also will brin💯g in a new CFO.

Shares of Tesla (TSLA) gained when Roth Capital Partners upgraded the stock, saying CEO 澳洲幸运5开奖号码历史查询:Elon Musk's close relation🤡ship with President-elect Donald Trump will likely increase demand. Stifel also gave the electric vehicle manufacturer a big price target boost.

An upgrade from JPMorgan sent shares of Gap (GAP) higher, with the analysts pointing to positive comments about the apparel makerဣ from its CEO and CFO.

Stellantis (STLA) shares dropped after the struggling carmaker aꦡnnounced that CEO Carlos Taveras resigned, effꩲective immediately.

Shares of Pacific Gas & Electric (PCG) slumped when the utility announced a $2ꦑ.4 billion stock sale.

Shares of Targa Resources (TRGP) and other companies in the natural gas sector tumbled after൲ the U.S. reported that the country was entering the winter with the most natural gas since 2016.

Oil futures rose. Gold prices declined. The yield on the 10-year Treasury note was little changed. The U.S. dollar advanced against the euro, pound, and yen. Most major cryptocurrencies fell.

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