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Earnings Surge for RPM and Lindsay; Tesla Faces Probe

Market movers: RPM and Lindsay post strong EPS, while Tesla's shares drop amid a safety probe. Investors should watch these developments closely as they could influence stock prices significantly.

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AI Rating:   7

**Earnings Per Share (EPS)**: The report notes that RPM International Inc. posted adjusted earnings per share of $1.39, exceeding the Zacks Consensus Estimate of $1.35. Similarly, Lindsay Corp. reported adjusted earnings per share of $1.57, surpassing the expected $1.34. These results indicate positive earnings momentum for both companies, likely bolstering investor confidence and driving their stock prices higher.

**Market Reactions**: Following the earnings announcements, RPM's shares rose by 1.1%, and Lindsay's shares gained 1.8%, reflecting investor approval of the strong EPS figures. On the contrary, Tesla Inc. experienced a significant drop in shares by 4.1%, linked to a probe by the U.S. National Highway Traffic Safety Administration concerning safety issues in 2.6 million vehicles. This investigation likely raises concerns about potential liabilities and may dampen investor sentiment toward Tesla.

Furthermore, Moderna Inc. saw a notable increase in shares by 11.7% due to growing interest in its experimental H5N1 vaccine after a bird flu fatality was reported in the U.S. This situation could positively impact the perception of Moderna’s innovations and market position, potentially enhancing its stock valuation.