Market Updates
U.S. Movers: CrowdStrike, Deere, Hewlett-Packard, Nio
Scott Peters
05 Jun, 2024
New York City
Hewlett-Packard Enterprise rose 12.4% to $19.79 after the advanced computer system maker reported a better-than-expected fiscal second quarter.
CrowdStrike Holdings jumped 6.7% to $326.56 after the cyber security firm reported better-than-expected first quarter results and issued a stronger-than-expected outlook for the current quarter.
Nio Inc. increased 0.01% to $5.22 after the Chinese electric vehicle maker received approval to build its third production facility in China.
The news was first reported by Reuters but could not be independently verified.
Deere & Co. declined 0.2% to $368.79 after the farm equipment maker said in a regulatory filing that it plans to trim its "production and salaried workforce" as the company struggles with a global demand slowdown.
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