Tesla, Delta rise; Acadia Pharmaceuticals, Occidental fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:

Tesla Inc., up $29.30 to $691.05.

The electric car maker delivered nearly 185,000 vehicles in the first quarter, beating Wall Street forecasts.

Pioneer Natural Resources Co., down $12.42 to $152.18.

The energy company is buying DoublePoint Energy for $6.4 billion.

Delta Air Lines Inc., up $1.42 to $50.25.

Delta Air Lines canceled about 100 flights due to staff shortages, and it opened up middle seats a month earlier than expected in order to carry more passengers.

Leaf Group Ltd., up $1.50 to $8.53.

The lifestyle branding company is being bought by Graham Holdings for about $323 million.

Norwegian Cruise Line Holdings Ltd., up $1.99 to $29.71.

The cruise line operator submitted plans to restart cruises, including requiring vaccinations of guests and crewmembers.

Acadia Pharmaceuticals Inc., down $4.41 to $21.18.

The FDA declined approval of the biopharmaceutical company’s drug pimavanserin for dementia-related psychosis.

Occidental Petroleum Corp., down $2.07 to $25.31.

The price of crude oil slipped and dragged down energy stocks.

Palantir Technologies Inc., up 37 cents to $23.44.

The software company won a 5-year, $89.9 million contract from the National Nuclear Security Administration.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Tesla (TSLA)
4.7624 of 5 stars
$168.29-1.1%N/A42.93Hold$186.70
Occidental Petroleum (OXY)
3.8033 of 5 stars
$67.78-0.1%1.30%17.34Moderate Buy$71.94
Leaf Group (LEAF)
0 of 5 stars
$8.49flatN/A-77.17N/A
Norwegian Cruise Line (NCLH)
4.2154 of 5 stars
$19.04-1.6%N/A68.00Hold$20.87
Pioneer Natural Resources (PXD)
3.8139 of 5 stars
$268.87-2.3%1.86%13.28Hold$264.10
ACADIA Pharmaceuticals (ACAD)
3.8654 of 5 stars
$16.71+2.5%N/A-43.97Moderate Buy$35.82
Delta Air Lines (DAL)
4.938 of 5 stars
$49.90+0.0%0.80%6.41Buy$58.29
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The Bottom is in For Tesla: Watch This Before Buying the Bounce

The Bottom is in For Tesla: Watch This Before Buying the Bounce

Tesla shares are up more than 10% following the Q1 earnings release, and they may move higher, but investors should not expect a sustained rally; they should only expect volatility.

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