Tesla Motors (TSLA) Q3 Earnings Top Estimates, Shares Soar

The stock price of Tesla Motors (NASDAQ: TSLA) surged during the extended trading hours after the electric car manufacturer reported third-quarter financial results that beat the estimates of Wall Street analysts. TSLA stock climbed more than 4% to $211.10 per share during the extended trading on Wednesday. Tesla Q3 financial results Tesla reported that its adjusted earnings were $111 million or $0.71 per share for the third quarter, higher than the $0.54 per share expected by analysts. The company’s total GAAP revenue was $2.3 billion, an increase of 152% from…

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Why Walt Disney Shares Fall Despite Its Strong Quarterly Profit?

The Walt Disney Company

The Walt Disney Company (NYSE:DIS) reported better-than-expected first-quarter earnings yesterday, but the shares of the company are declining today. The stock price of the entertainment and media conglomerate is down more than 3% to $89.29 per share as of this writing, around 2:30 in the afternoon in New York.  During the earlier trading today, the stock plunged to as low as $86.25 per share. The downward movement of Walt Disney’s shares showed that investors were not satisfied with its quarterly financial results despite beating the consensus estimate. The company reported…

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