Here are the stocks that are moving remarkably in the afternoon trading.
Tesla – The carmaker has jumped 3% to a new high of all time. The move was a record year for Tesla, which the company reports five quarters of profit, stretching to 2019. The electric car manufacturer has also been added to the S&P 500. Shares are up more than 750% for the year.
Enphase Energy – Shares rose slightly after S&P Dow Jones Indices said the Australian energy technology company would replace Tiffany in the S&P 500 benchmark from 7 January. Tiffany is acquired by LVMH. Enphase Energy’s inventory increased by more than 560% this year amid growing interest in solar energy.
Western Digital – The stock jumped more than 10% when investors piled up in the disc maker by the end of the year. Western Digital alone gained more than 21% this month, reducing its 2020 losses to around 13%.
Tribune Publishing Company – Shares of the Chicago Tribune and New York Daily News owner rose more than 9% after security evidence showed that Alden Global Capital had made a non-binding offer to buy the company. Alden is already a major shareholder in Tribune and owns approximately 32% of the company’s outstanding shares. The Wall Street Journal first reported the news.
Celsius Holdings – Shares of the liquor business rose more than 13% after S&P Dow Jones Indices announced that the stock would join the S&P SmallCap 600. The change takes effect on January 7th.
– CNBC’s Pippa Stevens and Yun Li contributed to this story.