Stocks making big moves yesterday: Tesla, Reddit, Coinbase, Oscar Health, and Intel

Key Points

  • Tesla (NASDAQ:TSLA) saw a 4.4% increase in stock value on Wednesday after reporting Q2 production and delivery numbers that, while down year-over-year, exceeded some investors' worst fears.**
  • Reddit (NYSE:RDDT) experienced a 5.2% rise in stock price following amendments to its credit and guarantee agreement.**
  • Coinbase (NASDAQ:COIN) gained 5.9% after announcing the acquisition of LiquiFi, a token management platform.**
  • Oscar Health (NYSE:OSCR) dropped significantly by 15.1% due to a Bearish rating from Barclays and negative sentiment from a peer company.**
  • Intel (NASDAQ:INTC) fell by 5.1% amid reports of a potential shift away from its 18A chip-making process.**

Summary

Yesterday's market saw varied performances among key companies. Tesla (NASDAQ:TSLA) rose 4.4% after releasing its Q2 production and delivery figures, which, despite a year-over-year decline, were better than some investors anticipated. Reddit (NYSE:RDDT) also saw a positive movement, increasing by 5.2% following updates to its credit and guarantee agreement. Coinbase (NASDAQ:COIN) enjoyed a 5.9% uptick after acquiring LiquiFi, a token management platform, signaling growth in blockchain infrastructure. On the downside, Oscar Health (NYSE:OSCR) plummeted 15.1% due to a Bearish rating from Barclays and negative spillover from a peer company. Intel (NASDAQ:INTC) also declined by 5.1% amid speculation of a major pivot away from its 18A chip-making process. These movements reflect a mix of sector-specific challenges and strategic developments, with detailed analysis reports available for each company to assess investment potential.

yahoo
July 3, 2025
Crypto
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