Energy

Tesla, Avis Budget, Lemonade, Spotify & more

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A worker in a face mask walks past gates at the Tesla Gigafactory in Shanghai, China, on Feb. 17, 2020.

Qilai Shen | Bloomberg | Getty Images

Here are the companies making headlines in midday trading.

Tesla – Shares of the electric vehicle maker jumped more than 6%, hitting a new all-time high, after the company said it delivered about 90,650 vehicles in the second quarter. Analysts surveyed by FactSet had expected 72,000 deliveries. Shares of Tesla have gained 185% this year.

Lemonade — Shares of the insurance tech company saw a major pop for its initial public offering, jumping 80% in the opening minutes. The stock was priced at $29 per share. The company is a member of the 2020 class…



Source cnbc.com

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