Midday movers: Tesla, Bed Bath&Beyond, First Republic and more

Investing.com -- Stocks were falling on Monday as investors prepared for a big wave of big tech and other corporate earnings reports. Here are the market movers for April 24.

• Tesla Inc (NASDAQ: TSLA) shares fell 2.9% after the electric car maker said it would spend more than originally forecast this year to increase its output. It raised its forecast for capital expenditures to $7 billion to $9B from an earlier forecast for $6B to $8B.


• Bed Bath&Beyond Inc (NASDAQ: BBBY) shares fell 32.8% after the struggling home goods retailer filed for bankruptcy protection on Sunday. Efforts to raise cash by selling stock fell short of expectations.


• First Republic Bank (NYSE: FRC) shares rose 9% as the regional bank is scheduled to report earnings after tonight's closing bell. Investors will be listening to what the executives have to say about lending and deposit trends.


• Walt Disney Company (NYSE: DIS) shares dipped 0.6% after the Hollywood studio, theme park and media giant started another round of job cuts as it seeks to cut headcount by 7,000.


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  Getty Images Holdings Inc (NYSE: GETY) shares jumped 36% after activist investor Trillium Capital offered to buy the outstanding shares it doesn't already own for $10 each, valuing the stock-photo platform at $3.95B.

  
  

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