6th Jan 2023 - Big move, Materials biggest move

 Check out today’s heat map:

Every sector closed green. Materials (+3.42%) led, and health care (+0.89%) lagged. 💚

Shares of Tesla gapped to $101 on news that it’s cutting prices for some models in China. However, the broader market rally helped buoy the stock as it rebounded to close up 3%. ⚡

Fate Therapy fell more than 60% and is planning mass layoffs after the early end of its cell therapy deal with J&J. ❌

Greenbrier Companies fell 18% after its earnings missed expectations. Meanwhile, Aehr Test Systems rallied 32% after reporting strong earnings. 📝