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Company News For Apr 12, 2019

Zacks Equity Research

  • Tesla, Inc.’s TSLA shares declined 2.8% following news that the company along with Panasonic is delaying plans to expand Nevada Gigafactory owing to concerns about the demand for its electric vehicles

  • Shares of Bed Bath & Beyond Inc. BBBY plunged 8.8% after posting fourth-quarter fiscal 2018 revenues $3,307.9 million, missing the Zacks Consensus Estimate of $3,333 million

  • Caesars Entertainment Corp.’s CZR shares soared 3.9% following news that the company plans to sell itself as demanded by activist investor Carl Icahn

  • Shares of Fastenal Co. FAST) surged 5.1% after reporting first quarter 2019 adjusted earnings per share of $0.68, beating the Zacks Consensus Estimate of $0.67


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