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Company News for Feb 10, 2023

  • Shares of Salesforce, Inc. CRM rose 2.4% after reports emerged that hedge fund Third Point LLC owns a stake in the company.

  • Shares of Lucid Group, Inc. LCID plunged 10.6% after the EV maker said Thursday that certain versions of its Air electric luxury sedan will be available at discounted credit.

  • Shares of Affirm Holdings, Inc. AFRM plummeted 17% after CEO and founder Max Levchin announced layoffs equalling 19% of the workforce.

  • Alphabet Inc.’s GOOGL shares declined 4.4% as its downward spiral caused by the chatbot malfunction continued.

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