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Stock Movers: Telsa, 3M Rebound, GE Up, Verizon Falls
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April 22, 2025
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4:23Now PlayingTesla (TSLA) rebounds but remains low as stocks plummeted 53% since December. Investors are looking to Elon Musk to inject excitement back into the company when it reports results Tuesday.
3M (MMM) is up as the company reaffirmed its full-year financial guidance despite acknowledging new risks from the trade war, which is expected to have a negative impact of up to 40 cents a share on full-year earnings.
General Electric (GE) is on the rise after CEO Larry Culp met with President Donald Trump to advocate for a "tariff-free regime" in the aerospace supply chain, which has benefited the industry and generated a trade surplus.
Verizon (VZ) is down after the company reported a larger-than-expected decline in mobile-phone subscribers in the first quarter, losing 289,000 monthly phone subscribers due to heavy competition and lower spending by government agencies.
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