Carvana, GameStop rise; Tesla, Peloton Interactive fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:

Carvana Co., up $53.16 to $226.83.

The online car dealer gave investors an encouraging revenue forecast for the third quarter.

Blueprint Medicines Corp., up $10.06 to $87.27.

The company’s developing treatment for a rare blood disorder met key goals in several studies.

Peloton Interactive Inc., down 40 cents to $94.40.

The exercise equipment company faces increased competition from Echelon and Amazon’s Prime Bike.

Tesla Inc., down $25.16 to $424.23.

CEO Elon Musk said the electric vehicle maker won’t reach high-volume production of its batteries until 2022.

Bank of America Corp., down 53 cents to $23.94.

Treasury yields dipped, which hurts a bank’s ability to charge higher interest on loans.

GameStop Corp., up $1.81 to $10.56.

Venture Capital firm RC Ventures has taken a 10% stake in the video game retailer.

Chipotle Mexican Grill Inc., up $28.06 to $1,234.58.

The Mexican food chain is bringing back Carne Asada to restaurants across the U.S. for a limited time.

Comcast Corp., up $1.51 to $46.19.

Trian Fund Management took a 0.4% stake in the owner of NBC, according to the Wall Street Journal.

Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Related Categories:

Business & Finance

Like WTOP on Facebook and follow @WTOP on Twitter to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2020 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up