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Company News for Dec 6, 2022

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  • Tesla, Inc.’s (TSLA - Free Report) shares fell 6.4% on reports emerging that it was planning to cut the December output of its Model Y at its Shanghai plant by more than 20% compared to last month.
  • Shares of Amazon.com, Inc. (AMZN - Free Report) slid 3.3% as growth stocks plunged on fears of a recession.
  • Shares of Salesforce, Inc. (CRM - Free Report) plunged 7.4% after it announced the departure of Slack’s CEO.
  • Shares of Devon Energy Corporation (DVN - Free Report) fell 2.8% on the broader energy slump.

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