Company News for Aug 15, 2023
United States Steel Corp.’s (X) shares soared 36.8% after the company rejected takeover bid from Cleveland-Cliffs Inc. (CLF).
Tesla Inc.’s (TSLA) shares fell 1.2% after the company decided to cut prices of two versions of its Model Y SUVs in China.
Shares of AMC Entertainment Holdings Inc. (AMC) plunged 35.6% after a Delaware judge approved its revised but controversial stockholder settlement.
Shares of PayPal Holdings Inc. (PYPL) rose 2.8% after naming Alex Chriss, a top executive at Intuit Inc. (INTU), as its new chief executive officer.
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