Weekly Roundup: Super Micro Stays Hot, Tesla Drops, Tenet Healthcare Jumps
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:
- Super Micro (SMCI) stock was little changed Friday as investors paused after the stock’s nearly 25% rally earlier this week.
- Tesla (TSLA) stock dropped about 18% this week alone, and earnings disappointment is the main reason. Tesla reported a second-quarter operating profit of about $400 million Wednesday evening, far short of the Wall Street forecast for about $1.7 billion. Shares dropped almost 15% on Thursday, and extended their losses Friday by another 2.1% to trade at $313.03.
- Tenet Healthcare (THC) shares surged past 17% after it posted higher Q2 adjusted earnings and revenue, and raised its 2026 guidance.
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