On this episode of Stock Movers: 

- Stocks tumbled in the second worst day of the year, with tech companies like Broadcom (AVGO) closing lower. The stock was down over 30 percent since its December earnings report. 

- Tesla (TSLA) rose against the grain during the week as traders digested President Donald Trump’s announcement of auto tariffs. Even small moves in Tesla’s stock have a huge market impact because the company is so much bigger than other automakers. Tesla’s 1.7% rise on Thursday brought the market capitalization of the company up $14.3 billion. Shares of General Motors Co. and Ford Motor Co. moved more to the downside, while their combined value only dropped by around $4.6 billion. 

- Wolfspeed (WOLF) is struggling to reach a deal with investors to refinance its $575 million convertible bonds due next year. The Durham, North Carolina-based chipmaker has been working with JPMorgan Chase & Co. on the refinancing effort, according to people with knowledge of the matter, who asked not to be identified discussing private talks. Wolfspeed shares closed at $2.59 Friday after sinking nearly 52%, its largest-ever one-day drop. 

On this episode of Stock Movers:&nbsp;
- Stocks tumbled in the second worst day of the year, with tech companies like Broadcom (AVGO) closing lower. The stock was down over 30 percent since its December earnings report.&nbsp;
- Tesla (TSLA) rose against the grain during the week as traders digested President Donald Trump&rsquo;s announcement of auto tariffs. Even small moves in Tesla&rsquo;s stock have a huge market impact because the company is so much bigger than other automakers. Tesla&rsquo;s 1.7% rise on Thursday brought the market capitalization of the company up $14.3 billion. Shares of General Motors Co. and Ford Motor Co. moved more to the downside, while their combined value only dropped by around $4.6 billion.&nbsp;
- Wolfspeed (WOLF) is struggling to reach a deal with investors to refinance its $575 million convertible bonds due next year. The Durham, North Carolina-based chipmaker has been working with JPMorgan Chase &amp; Co. on the refinancing effort, according to people with knowledge of the matter, who asked not to be identified discussing private talks. Wolfspeed shares closed at $2.59 Friday after sinking nearly 52%, its largest-ever one-day drop.&nbsp;

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Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Weekly Roundup: Broadcom Slumps, Tesla Rebounds and Wolfspeed Struggles

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b623b5d7-8be5-4246-8aca-b2ae015ea6f3/transcript

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