Stocks that traded heavily or had substantial price changes Thursday:
Tesla Inc., down $59.70 to $639.30.
The electric vehicle maker is reportedly raising prices on some of its models.
Nvidia Corp., down $9.26 to $156.01.
The chipmaker and other technology stocks with lofty stock values bore the brunt of a steep market selloff.
Abbott Laboratories, down $2.73 to $102.07.
Severe weather has forced the health care products company to pause production at a Michigan baby formula factory.
Cigna Corp., up $1.20 to $248.30.
The health insurer announced a $3.5 billion accelerated stock buyback program.
Allstate Corp., down $2.14 to $119.53.
The insurance company raised its rates in response to inflation.
NexTier Oilfield Solutions Inc., up 9 cents to $10.16.
The oilfield services company gave investors an encouraging financial and operations update.
Prog Holdings Inc., down $7.41 to $16.57.
The rent-to-own company cut its financial forecasts in response to higher inflation.
Procter & Gamble Co., up 81 cents to $133.32.
The maker of Pampers diapers and Tide detergent gained ground as investors shifted money into stocks considered less risky.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News