by Liz Moyer
Investing.com – Stocks fell on Monday as investors awaited the Federal Reserve’s interest rate decision and its outlook for future meetings. The following is the noon trend on January 30.
- ford motor company (NYSE: ) fell 1.7 percent after the automaker announced a price cut for its EV Mustang Mach E. The move comes after electric car rival Tesla (NASDAQ: TSLA) announced price cuts on some of its models.
- AMC Entertainment Holdings (NYSE: ) shares fell 9.2% after the largest movie theater operator announced an extraordinary shareholder meeting in March to consider changes to its capital structure.
Advanced Micro Devices (NASDAQ: ) shares fell 2.5% as it prepares to report earnings on Tuesday. Wall Street is bracing for a report just days after rival chipmaker Intel (NASDAQ: ) posted disappointing earnings and a gloomy forecast.
- Sophie Technology (NASDAQ: ) shares rose 13% after the financial services company reported a narrower-than-expected loss and said it was on track to be profitable on GAAP net income in the fourth quarter of 2023.
GE Healthcare Technologies (NASDAQ: ) Shares are up 4% in the near term General Electric (NYSE: ) spun off as an independent company at $1.31 per share in the first quarter.