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Closing Bell

Final trading week of the year, Tesla tumbles again, Southwest mess 12/27/22

27 Dec 2022

Description

Stocks closed mostly lower as the final week of the year gets underway. Tesla was a major underperformer once again, as the stock tracks for its worst year ever. Analyst George Gianarikas joins to explain why he’s maintaining his buy rating on the stock. Southwest Airlines also saw sharp declines following operational headaches in the wake of the deadly winter storm. Journalists Alison Sider and Kyle Arnold weigh in on new calls from senators for Southwest to compensate passengers. Former Macy’s CEO Terry Lundgren discusses new data from Mastercard showing holiday sales grew 7.6% in the U.S. Plus the latest on chip stocks, Peloton, and Biotech bets for the new year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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