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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

Company News for Apr 6, 2020

Zacks Equity Research
·1 min read

  • Shares of The Walt Disney Co. DIS tumbled 3.3%  after the company decided to postpone film releases till July and furlough some U.S. employees this month due to coronavirus outbreak.

  • Shares of Under Armour Inc. UAA climbed 5.5% following news that t will pursue restructuring plans for which decision were taken before the coronavirus outbreak in the United States.

  • Cummins Inc.'s CMI shares decreased 0.4% after the company decided to cut salaries of all U.S. employees including the CEO to reduce costs owing to the coronavirus pandemic.

  • Shares of Ford Motor Co. F tanked 2.8% after the company extended the temporary suspension period up to May 4 at most of its European manufacturing sites.


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Ford Motor Company (F) : Free Stock Analysis Report
 
Cummins Inc. (CMI) : Free Stock Analysis Report
 
The Walt Disney Company (DIS) : Free Stock Analysis Report
 
Under Armour, Inc. (UAA) : Free Stock Analysis Report
 
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Zacks Investment Research