Tesla Rises, 3M Higher, Verizon Falls on Subscriber Decline
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On this episode of Stock Movers:- Verizon (VZ) shares fall after the company reported a larger-than-expected decline in mobile-phone subscribers in the first quarter, the result of heavy competition and less spending by government agencies. - 3M (MMM) shares rise after the company reaffirmed its full-year financial guidance despite acknowledging new risks from the trade war, which is expected to have a negative impact of up to 40 cents a share on full-year earnings.- Tesla (TSLA) shares rise ahead of earnings. Tesla's stock has plummeted 53% since December, and investors are looking to Elon Musk to inject excitement back into the company when it reports results. See omnystudio.com/listener for privacy information.