"Market Movers: IBM and Lam Research Surge, Tesla and Humana Decline"

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Source: ABC News
"Market Movers: IBM and Lam Research Surge, Tesla and Humana Decline"
Photo: ABC News
TL;DR

On Thursday, IBM's stock rose after beating analysts' fourth-quarter earnings and revenue forecasts, while Lam Research gave an encouraging earnings forecast, causing its stock to rise as well. In contrast, Tesla's stock fell significantly due to disappointing fourth-quarter earnings and a warning of lower sales growth, and Humana's stock also dropped after its earnings forecast fell short of Wall Street expectations.

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