Tesla and LinkedIn pop, WWE gets slammed

Yahoo Finance

Time for your 'thank God it's Friday' dose of Trending Tickers, the stocks that you're tracking as measured by Yahoo Finance ticker searches. Making the list today:

Tesla (TSLA) - Shares are revving higher, though they have given back some of that since today's open. It's been a newsy week for Elon Musk and company. Yesterday they officially announced a partnership with Panasonic on the much ballyhooed "giga-factory" where they will build the next generation of car battery. In their earnings report yesterday the company said they are currently delivering 32,000 vehicles a year. Musk 

LinkedIn (LNKD) - The latest social media name to report earnings is up close to 10% on the back of strong Q2 numbers that included as 32% jump in members year over year and mobile engagement that jumped from 34% to 45% percent over the same period. For good measure the company raised guidance to boot.

World Wrestling Entertainment (WWE) - Shares are getting lightly bladed to the tune of 8% in the last day and a half as they try to hold on to some of the post-earnings gains from Thursday morning. The company announced plans to layoff 7% of its staff and change the pricing plan for its WWE Network. Not too long ago the stock was over $30 a share but Wall Street has been disappointed by the subscription numbers for their $9.99 per month all-you-can eat network app. Companies like Time Warner and its HBO property would have loved to have seen better adoption of the WWE network by wrestling fans so they could knock off the model and improve their leverage against the cable guys.

Those are your Trending Tickers today. Tell us what stocks you're watching on Twitter using the hashtag TrendingTickers.

DISCLOSURE: Jeff Macke is long shares of Tesla

More from Yahoo Finance:
PIMCO’s Gross: Jobs data shows U.S. workers are underpaid
PIMCO’s Bill Gross names ‘the only safe haven’ in this market
Macke: Don't get caught in the crowd as fear builds

 

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