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↗️ Glencore (GLEN), (GLNCY): The commodity trader and miner’s stock rose some 4% in London. A Glencore-led group is set to buy coal assets from Teck Resources (TECK) of Canada for about $9 billion. Teck’s U.S.-listed shares also rose.
↘️ Fisker (FSR): The electric-vehicle company cut its production target and reported a bigger loss and smaller revenue than analysts had expected. Shares plunged in Tuesday trading.
↗️ Tesla (TSLA): The EV heavyweight looked set to build on Monday’s rise of more than 4%, with Tesla stock trading up more than 4% in afternoon action.
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