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Why Tesla (TSLA) Stock Is Trading Lower Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.4% in the afternoon session after data revealed the company had a rough February (2025) in China, with sales falling by almost half. According to the China Passenger Car Association, Tesla sold approx. 30,000 vehicles. That's a steep drop, raising questions about demand, competition, and how Tesla is navigating China's ever-evolving EV market.
Why Best Buy (BBY) Shares Are Sliding Today
Shares of electronics retailer Best Buy (NYSE:BBY) fell 14.8% in the afternoon session after the company reported a mixed fourth quarter, but the negatives outweighed the positives as EBITDA missed expectations, and full-year EPS guidance came in below what Wall Street was hoping for.
Why Is Walgreens (WBA) Stock Soaring Today
Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 8.1% in the afternoon session after The Wall Street Journal reported the company was close to sealing a deal with private equity firm Sycamore Partners to go private. According to sources, the deal valued WBA at $10 billion.