Stocks making the biggest moves midday: Tesla, Wells Fargo, Nordstrom and more

Shares of the electric vehicle company soared 13.5% to lead the Nasdaq Composite higher after the firm beat fourth-quarter and full-year delivery expectations. Tesla delivered 308,600 electric vehicles in the fourth quarter of 2021, better than an estimate of 267,000. Deliveries are the closest approximation of sales reported by Tesla. Wells Fargo — Shares jumped 5.7% after Barclays upgraded the bank to … Read more

Armstrong Flooring Inc. (AFI) Moves Lower on Volume Spike for March 05

Armstrong Flooring Inc. (AFI) traded on unusually high volume on Mar. 05, as the stock lost 4.6% to close at $13.90. On the day, Armstrong Flooring Inc. saw 267,863 shares trade hands on 2,125 trades. Considering that the stock averages only a daily volume of 90,321 shares a day over the last month, this represents … Read more

Paul Ryan moves to replace election security official

The White House and House Speaker Paul Ryan are looking to replace a federal official who’s been working to protect election systems from possible Russian cyber attacks. According to Reuters, Matthew Masterson, who holds a seat picked by the House Speaker and formally nominated by the president, won’t be re-appointed as a commissioner for the US … Read more

Tiny prefab home company Kasita moves beyond Austin

Kasita ready to deliver CNW courtesy of Kasita Kasita, the Austin-born and -based company that introduced its innovative, high-tech, prefab tiny homes to the local market several years ago and recently began manufacturing them in the city, is about to take its gospel beyond Texas’ borders. The small, smart homes were designed to integrate technology in … Read more

GE Appliances moves to relocate Louisville production line to another U.S. facility

GE Appliances, a Haier company, informed employees and officials from the IUE-CWA Local 83761 it is moving forward with its plan to return to Appliance Park the Supplier Distribution Center operated by Derby Supply Chain Solutions. It’s a company that manages supplier-owned parts for GEA. Making adequate room for the Derby SDC in Building 2 … Read more