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home / news releases / GOGO - Hot Stocks: TSLA production headwinds; MULN SYK fall on short reports; GOGO added to index

GOGO - Hot Stocks: TSLA production headwinds; MULN SYK fall on short reports; GOGO added to index

Gogo Inc.
Tesla (TSLA) took a share of the spotlight in Wednesday's midday trading. Shares of Elon Musk's electric vehicle maker fell on news that it will face continued production restrictions in China due to COVID. Elsewhere in the EV space, Mullen Automotive (NASDAQ:MULN) took a step down due to a scathing short report. Negative commentary also put pressure on Stryker (SYK), which received a separate short report from Spruce Point. Looking to the upside, Gogo (GOGO) posted a double-digit percentage gain after getting added to an S&P index. Decliners Tesla (TSLA) lost ground in midday action after the company faced another COVID headwind for its China operations. Shares dropped nearly 5% on news that its Shanghai facility will remain in lockdown until at least April 8. The plant has seen restrictions due to a spike in COVID cases in the region. TSLA has lost 12 of vehicle production recently at the

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Hot Stocks: TSLA production headwinds; MULN, SYK fall on short reports; GOGO added to index
Stock Information
Company Name: Gogo Inc.
Stock Symbol: GOGO
Market: NASDAQ
Website: gogoair.com
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