Uber Technologies Inc (NASDAQ: UBER) and LYFT Inc (NASDAQ: LYFT) shares are trading lower by 7.11% to $26.04 and 9.00% to $13.20, respectively, during Thursday's trading session.
Workhorse Group Inc (NASDAQ: WKHS) shares are trading lower by 7.90% to $2.68 Thursday morning amid overall market weakness. Concerns over rising rates and a potential economic slowdown have driven a 'risk-off' sentiment, pressuring EV stocks lower.
Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 3.25% to $114.17 during Thursday's trading session amid overall market weakness. Shares of several companies in the broader tech and consumer discretionary sectors are trading lower amid a rise in treasury yields.
Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA) shares are trading lower by 5.77% to $64.42 and 4.43% to $121.72 Thursday morning, respectively, amid overall market weakness.
Microsoft Corporation (NASDAQ: MSFT) shares are trading lower by 2.27% to $235.60 Thursday morning amid overall market weakness. Shares of companies in the broader tech sector are trading lower amid a rise in treasury yields.
Tesla Inc (NASDAQ: TSLA) shares are trading lower by 4.86% to $273.82 during Thursday's session amid overall market weakness. Major indexes are lower as stocks pull back after gaining on Wednesday.
Altus Power Inc (NYSE: AMPS) shares are trading lower by 18.55% to $11.59 Thursday morning after the company priced a 7 million share secondary underwritten public offering of Class A common stock at $11.50 per share.
What Else?
PayPal Holdings Inc (NASDAQ: PYPL) and Shopify Inc (NYSE: SHOP) shares are trading higher by 4.70% to $89.78 and 3.66% to $28.87, respectively, Wednesday afternoon.