FedEx and General Motors overlook the market; Nikola Falls

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By Peter Nurse

Investing. com – Outstanding actions in the pre-marketing industry on Wednesday, September 16. Update to receive updates.

Nikola’s inventory (NASDAQ: NKLA) fell 6. 4% after the US Department of JusticeBut it’s not the first time He joined the SEC in investigating allegations of fraud against the truck manufacturer after a report through short-term investment company Hindenburg Research.

The shares of General Motors (NYSE: GM) rose 4. 4% following reports that the automaker is about to announce plans to put into production an interchangeable “family” of propulsion systems and vehicle engines.

Facebook shares (NASDAQ: FB) fell 1. 5% after the Wall Street Journal reported that the Federal Trade Commission was preparing a imaginable antitrust lawsuit against the social media giant. Several celebrities, adding Kim Kardashian, boycotted their Instagram platform. .

FedEx’s stock (NYSE: FDX) rose 8. 8% after the delivery giant reported quarterly cash in its history on Tuesday night, sending a quarterly profit higher than expected on Tuesday amid an increase in pandemic-driven e-commerce shipments.

Microsoft shares (NASDAQ: MSFT) rose 0. 9% after the technology raised its quarterly dividend by up to 10%.

Adobe’s stock (NASDAQ: ADBE) rose 2. 1% after the software company reported better-than-expected effects for its third fiscal quarter, aided by a strong call for its cloud-based art team for the coronavirus pandemic.

Boeing’s stock (NYSE: BA) fell 0. 9% after a report by The House Democrats criticized the aircraft manufacturer for design errors and lack of transparency following the two fatal crashes of the 737 MAX.

Oracle’s stock (NYSE: ORCL) rose 1. 4% after President Donald Trump said Tuesday that the tech giant “is very close” to an agreement on the popular TikTok video app.

Kohls inventories (NYSE: KSS) increased by 0. 2% after the store said it had cut about 15% of its jobs at the company, in order to save about $65 million in annual expenses. After being valued at $120, with a valuation of $33 billion, Jfrog’s inventory (NASDAQ: FROG) also began trading later Wednesday, after approaching its IPO to $44, above its $39 to $41 value diversity.

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