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Why Transocean Stock Is Sinking Tuesday

Transocean reported first-quarter revenue of $763 million, which missed the consensus estimate of $787.043 million, according to Benzinga Pro. The company reported an adjusted earnings loss of 3 cents per share, which beat estimates for a loss of 14 cents per share.

RIG

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Tesla Stock Is Trading Lower Tuesday: What’s Going On?

Tesla shares are trading lower Tuesday, pulling back after rallying more than 15% on Monday. Tesla CEO Elon Musk made a surprise visit to China over the weekend. The EV maker on Sunday announced that Chinese authorities removed restrictions on Tesla vehicles after the company passed data security requirements in China.

TSLA

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What’s Going On With Vizio Stock Tuesday?

In a new regulatory filing, Vizio announced that the company and Walmart received a request from the FTC for additional information in connection with its review of the merger. The second request extends the waiting period until 30 days after both companies have complied with the second requests.

VZIO