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Stocks Snooze Till Tesla Tumbles in After Hours Trading

September 4, 2023
in Trade Tube
Reading Time: 1 min read
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European worries kept stocks flat until Tesla dropped 10% in after hours trading. Revenue beat Wall Street estimates but sales of the Model S were not enough to save the stock. Tenet healthcare stock tumbled after announcing that third quarter profit was down because of their purchase of Vanguard. Expeditors International slumped 6 percent after missing estimates, and Delphi Automotive cut earnings as European sales decline. Jim Moffett, Portfolio Manager for the Scout International Fund, talks foreign stocks with TheStreet’s Gregg Greenberg in New York.

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