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Stock Movers: Tesla Rises, Verizon Drops, Kimberly Clark Slides
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April 22, 2025
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3:28Now PlayingGet more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring fiveminute episodes on the winners and losers in the stock market. Subscribe here
- Tesla (TSLA) shares rise ahead of earnings. Tesla's stock has plummeted 53% since December, and investors are looking to Elon Musk to inject excitement back into the company when it reports results.
- Verizon (VZN) shares drop after the telecom 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.
- Limberly Clark (KMB) shares fall after the personal care product company cut its year profit outlook, and reported an expected decline in 1Q organic sales. It also sees adjusted operating profit on constant currency basis flat to positive, had seen mid-to-high single-digit growth.
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