Tesla Falls, Lending Club Soars, Dow Rises After Improved Volumes in Industrial Unit
On this episode of Stock Movers:- Tesla (TSLA) shares fell after the electric-car maker reported earnings for the third quarter that missed the average analyst estimate and costs undercut a record quarter of vehicle sales. Elon Musk used the earnings to discuss AI initiatives and his trillion-dollar compensation package.- Lending Club (LC) shares soar after the online lender posted third-quarter results that beat estimates and provided a guidance range for new 4Q originations with a midpoint above estimates. JPMorgan upgraded the stock to overweight.- Dow (DOW) shares rise after improved…
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