Stonk Buzz: Wallstreetbets Stonks Mixed Tuesday Afternoon - MalkamDior

(According to MT Newswires) -- Wallstreetbets stocks were a mixed bag by Tuesday afternoon, in line with broader US equity markets.

GameStop (GME) was up 1.2%, while Advanced Micro Devices (AMD) fell 0.5%. Advanced Micro Devices is poised to release its Q4 results after markets close.

Tesla (TSLA) lost 1.5% after the National Highway Traffic Safety Administration said that the electric vehicle giant is recalling 53,822 vehicles in the US due to a safety issue affecting some models with the Full Self-Driving (Beta) software.

AMC Entertainment (AMC) advanced 3.8% after saying it forecasts a Q4 net loss between $114.8 million and $194.8 million, compared with a net loss of $946.1 million a year earlier. Revenue for the three months ended Dec. 31 is estimated to be about $1.17 billion, compared with $162.5 million a year earlier. The mean consensus of analysts polled by Capital IQ is for revenue of $1.12 billion.

Palantir Technologies (PLTR) rose 2%. The company signed a new five-year partnership with Satellogic (SATL) to build on an existing technology collaboration in satellite imaging, edge artificial intelligence and data-driven decisions.

United Parcel Service (UPS) jumped more than 13% after its Q4 results surged year over year, beating analysts' expectations, as revenue grew across all business segments with "significant gains" in productivity, while the board approved a 49% quarterly dividend increase.

Nvidia (NVDA) was down 1.1%. Robinhood Markets (HOOD) gained 3.3% even as Mizuho Securities trimmed its price target on the company to $19 from $20.

Match (MTCH) lost 1.6% following a price target downgrade by KeyBanc to $155 from $176.

ContextLogic (WISH), meanwhile, added 7%.

Price: 111.60, Change: +2.67, Percent Change: +2.45

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