new-recommended-broker-banner
Open Demo Account
Live reporting

Stock Market Live Tuesday 22/12 – Microvision Stock Gains 63% Despite Hindenburg Research Tweet

Updated: 22 Dec 2020
Wall Street Market Updates

latest updates

Latest 21:02
US Markets Close

  • DOW: -0.67%
  • S&P: -0.21%
  • NASDAQ: +0.51%

Microvision shares closed the day 63.33%  higher despite the earlier mentioned Hindenburg Research comments.

20:55
Tesla

In response to a tweet about Apple building an electric car, Tesla Founder Elon Musk says “During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting.”

20:50
Aurora Mobile

Chinese mobile developer service provider, Aurora Mobile (NASDAQ: JG) shares are rallying premarket on Tuesday after the company announced it has teamed up with a global leading new energy vehicle manufacturer to help it enhance its operational and service efficiency and enhance its driving experiences for its customers.

Full Story: AURORA MOBILE STOCK SOARS AS IT PARTNERS WITH NEW ENERGY VEHICLE MANUFACTURER

20:05
Microvision Shares Rise Despite Hindenburg Research Short Call

Shares of laser scanning technology developer Microvision inc (NASDAQ: MVIS) have been on the rise today, currently up 58.06% at $9.12 despite Hindenburg Research saying that they are short the company. 

“Retail investors have latched onto the company’s portfolio of 250+ active patents, but an IP attorney we engaged found that only ~10 $MVIS issued patents even mention LiDAR,” said Hindenburg.

19:06
Walmart

The US Justice Department is suing Walmart (NYSE: WMT), alleging the company unlawfully dispensed controlled substances via its pharmacies, in turn helping to fuel the opioid crisis in the US according to reports.

Walmart shares are down 1.21% at $144.21 following the news, having initially fallen to $143.16.

16:35
European Equities Close

  • FTSE 100: +0.58%
  • DAX: +1.27%
  • STOXX 50: +1.35%
  • IBEX 35: +1.88%
  • CAC 40: +1.36%

16:13
Blink Charging

Electric vehicle charging company Blink Charging (NASDAQ: BLNK) revealed on Tuesday that it has signed an exclusive seven-year agreement with Lehigh Valley Health Network, a healthcare network based in Pennsylvania.

Full Story: BLINK CHARGING (BLNK) STOCK CLIMBS AS IT SIGNS LEHIGH VALLEY HEALTH DEAL

14:29
US Equities Open

  • DOW: -0.07%
  • S&P: -0.03%
  • NASDAQ: +0.31%

13:33
UK Stock Gainers

 

11:06
Apple

Apple’s (NASDAQ: AAPL) share price is trading 2.67% higher premarket following Monday’s news that the company is set to start electric vehicle production by 2024.

10:51
[email protected]

[email protected] (LON: SYME) shares are rallying on Tuesday after the company named Italian private equity firm, Quadrivio, as its partner in its Captive Bank Inventory funding project.

Full Story: [email protected] (SYME) SHARES RALLY AFTER CAPTIVE BANK UPDATE

08:03
European Equities

  • FTSE 100: -0.40%
  • DAX: +0.64%
  • STOXX 50: +0.63%
  • IBEX 35: +0.54%
  • CAC 40: +0.55%

Stock News:

  • Apple is likely to rely on a manufacturing partner to build its electric-vehicles according to reports. It comes after reports yesterday that the iPhone maker was set to launch an electric vehicle by 2024.
  • Pfizer and Moderna are testing their vaccines against the UK coronavirus strain
  • Reuters reported that American and United Airlines are preparing to recall thousands of employees as payroll support nears
  • US Congress passed a coronavirus relief and spending package

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .