Fri. Sep 22nd, 2023
    Stock Market Update: Stellantis, Nikola, Clorox, Tesla, Valero Energy, Freeport-McMoRan, Chevron, Ennis

    In today’s stock market activity, several companies experienced notable trading and price changes.

    Firstly, Stellantis N.V. (STLA) saw a decline of 23 cents to $19.02 as the United Auto Workers reportedly rejected the automaker’s latest wage proposal.

    On the other hand, Nikola Corp. (NKLA) had a positive day, with a gain of 34 cents to $1.53, as the electric truck maker named Mary Chan as its new chief operating officer.

    Clorox Co. (CLX) faced a setback, with a decrease of $1.29 to $144.91, as it announced that a cyberattack in August will impact its fiscal first-quarter financial results.

    Tesla Inc. (TSLA) also experienced a decline, with a decrease of $6.98 to $267.41. There are reports that the electric vehicle maker is considering building a factory in Saudi Arabia.

    Valero Energy Corp. (VLO), on the other hand, saw an increase of $2.60 to $146.28 as energy stocks mostly gained ground due to higher oil prices.

    Freeport-McMoRan Inc. (FCX) saw a minimal decline of 5 cents to $40.32 along with the base metal’s prices.

    Chevron Corp. (CVX) had a positive day, with a gain of $1.52 to $168.02. The energy company’s liquefied natural gas plant in Australia resumed full production after a fault cut output.

    Lastly, Ennis Inc. (EBF) saw an increase of 55 cents to $21.55 as the wholesale printing company announced a quarterly dividend of 25 cents per share.

    Overall, today’s stock market activity was marked by a mix of gains and losses for various companies across different sectors.

    – Stellantis N.V. (STLA): A multinational automotive manufacturing corporation formed in 2021 through the merger of Fiat Chrysler Automobiles and Groupe PSA.
    – Nikola Corp. (NKLA): An American company specializing in electric vehicles and hydrogen fuel cell technology.
    – Clorox Co. (CLX): A manufacturer and marketer of consumer and professional products, including household cleaning supplies and lifestyle products.
    – Tesla Inc. (TSLA): An American electric vehicle and clean energy company.
    – Valero Energy Corp. (VLO): A multinational manufacturer and marketer of transportation fuels, petrochemical products, and power.
    – Freeport-McMoRan Inc. (FCX): A mining company focused on the production of copper, gold, and molybdenum.
    – Chevron Corp. (CVX): An American multinational energy corporation engaged in every aspect of the oil, gas, and geothermal energy industries.
    – Ennis Inc. (EBF): A wholesale printing and apparel supplier.

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