CarMax (KMX), Carnival (CLL), Altria (MO), Tesla (TSLA), and Uber (UBER) stocks are on the move today. Jeff Pierce joins Caroline Woods to discuss these stocks. They talk about how KMX investors are concerned about sales volume as the average selling price of vehicles increased while the cost of sales rose, which is weighing down profits. Next, CCL’s customer deposits are up, revenue increased, and occupancy increased. They then go over how MO may have a hard time keeping products on its shelves since the banning of Juul by the FDA was a big blow to the company. They also mention how TSLA’s Shanghai shutdown lowered its delivery outlook, but investors still remain positive on TSLA long-term. Finally, they talk about UBER as mobility is on the rise, but there still seems to be some difficulty on the path to profitability. Tune in to find out more.
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