Stocks to Watch: Tesla, Las Vegas Sands, F5
Provided by
Dow Jones
By Sabela Ojea
Tesla Inc. on Wednesday reported a 24% decline in first-quarter profit on the back of its most recent wave of price cuts. Shares of the electric-vehicle maker dropped 6.2% to $169.40 in after-hours trading.
Las Vegas Sands Corp. said revenue more-than-doubled in its latest quarter on casino wins in Macao and Singapore. Shares of the gaming and resorts company rose 4.8% to $62.20 in after-hours trading.
F5 Inc. said it will reduce its headcount by 9%, or 620 employees, citing the demand environment. Shares of the software provider and developer fell 4.8% to $130.65.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
April 19, 2023 19:18 ET (23:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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