Market Movers Today: Switch Inc (SWCH), Longfin Corp (LFIN), Cellectis SA (ADR) (CLLS), Adamas Pharmaceuticals Inc (ADMS), and More

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Tesla Inc (NASDAQ:TSLA) (The Motley Fool)
What happened: Volatility in Tesla’s (NASDAQ:TSLA) stock price continued on Tuesday when shares rebounded, recovering somewhat from Monday’s decline. Shares climbed as much as 6.9% in morning trading, and were up 3.3% at the time of this writing. The stock’s rise came after Tesla’s update on quarterly vehicle deliveries and production on Tuesday morning. In what Tesla said was its “most productive quarter in Tesla history,” total vehicle production increased sharply and Model 3 deliveries soared. And in an important piece of news, Tesla reassured investors it won’t need to raise equity or issue debt this year.

Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) (Benzinga)
Rigel Pharmaceuticals, Inc. shares dipped 17.2 percent to $2.9236. Rigel did not achieve primary endpoint for Phase 2 study of fostamatinib In IgA nephropathy.

CBS Corporation (NYSE:CBS) (CNBC)
CBS – CBS is considering an all-stock bid for Viacom that would value Viacom below its current market value, according to sources. The bid would propose that CBS CEO Leslie Moonves would stay at the combined company for at least two years. There is no word yet on the potential timing of any bid.

Amazon.com, Inc. (NASDAQ:AMZN) (Reuters)
WASHINGTON (Reuters) – Shares of Amazon.com Inc (AMZN.O) pared earlier gains on Tuesday after U.S. President Donald Trump repeated his unsubstantiated claim that deliveries for the world’s biggest online retailer cost the U.S. Postal Service money and threatened to raise rates. Citing an unnamed report, Trump told reporters at the White House the company is not paying the USPS a fair rate, costing U.S. taxpayers billions of dollars and forcing other retailers out of business.

Yogaworks Inc (NASDAQ:YOGA) (Benzinga)
YogaWorks, Inc. shares dipped 15.1 percent to $2.42. YogaWorks posted Q4 adjusted loss of $3.5 million on sales of $14.5 million. The company also issued a weak forecast for the current quarter.

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