These 2 Stocks Are Moving Markets Tuesday Morning
Investors have gotten a bit skittish over the past week or so, pressing the pause button on a rally that has sent some major market benchmarks sharply higher so far in 2023. Before the market opened on Tuesday, Wall Street appeared likely to see a mixed open, with gains in tech-related stocks but pressure on other parts of the market.
One stock that weighed on the Dow Jones Industrial Average (DJINDICES: ^DJI) is Walgreens Boots Alliance (NASDAQ: WBA), which announced quarterly financial results that left shareholders wanting more. However, even bigger declines came from electric vehicle (EV) company Lordstown Motors, which filed for bankruptcy protection. You'll find more highlights on both companies below.
Shares of Walgreens Boots Alliance were down more than 8% in premarket trading on Tuesday morning. The move lower threatened to send the drugstore chain's stock to its worst levels in over a decade.
Source Fool.com
