Stocks to Watch Monday: Boeing, Tesla, Nvidia -- WSJ

Dow Jones2024-12-30

By Caitlin McCabe

Jeju Air (KR:089590): Shares in the South Korean airline declined more than 8% after one of its planes crashed Sunday, killing nearly all of the 181 people on board. Stock in the airline's major shareholder, AK Holdings (KR:006840), fell 12% in Seoul.

Boeing $(BA)$: The plane involved in the South Korean crash was a Boeing 737-800, a workhorse of commercial air travel. Shares in the U.S. plane maker slumped more than 4% premarket.

Nissan Motor (JP:7201), $(NSANY)$: The Japanese automaker's stock lost more than 5% in Tokyo, extending a fall that began Friday. Investors are trying to determine the impact of the company's planned merger with rival automaker Honda Motor (JP:7267), $(HMC)$. Honda shares ticked up.

Tesla $(TSLA)$: Shares in the electric-vehicle maker fell more than 2% premarket, on pace for a third straight loss. Tesla's stock fell nearly 7% in the final two sessions of last week.

Nvidia $(NVDA)$, Broadcom $(AVGO)$: Chipmakers looked poised for further losses after falling Friday. Nvidia and Broadcom each lost more than 1% premarket. Shares in Intel $(INTC)$ and Advanced Micro Devices $(AMD)$ also ticked lower.

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(END) Dow Jones Newswires

December 30, 2024 04:42 ET (09:42 GMT)

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