Several companies, including Bank of Montreal and Tesla, saw drops in their shares due to various reasons.

From Nasdaq: 2024-08-28 09:22:00

Shares of Bank of Montreal (BMO) dropped 6.2% after reporting Q3 2024 earnings of $1.93 per share, missing the Zacks Consensus Estimate. Super Micro Computer, Inc. (SMCI) shares fell 2.6% on Hindenburg Research’s short position announcement. ScanSource, Inc. (SCSC) shares fell 2.1% after missing Q4 earnings estimates. Tesla, Inc. (TSLA) shares fell 1.9% due to Canada imposing a 100% tariff on Chinese EV imports.
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Read more at Nasdaq: Company News for Aug 28, 2024