Company News for Jan 4, 2024
Xerox Holdings Corp.’s (XRX) shares plunged 12.2% after the company decided to retrench 15% of its workforce in first-quarter 2024 to restructure businesses.
Shares of Tesla Inc. (TSLA) plummeted 4% following news that its Chinese rival BYD Co. sold more EV in fourth-quarter 2023.
Ford Motor Co.’s (F) shares tumbled 3.7% after the company hiked prices of some 2024 F-150 Lightning models.
Shares of Bloomin' Brands Inc. (BLMN) dropped 2.9% after its parent Outback Steakhouse added two new members to the company’s board.
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