Tesla stock gains while Ryanair shares surge on airline’s dividend plan

Shares in Ryanair Holdings PLC
RYAAY,
+6.94%
jumped 10% after the low-cost airline said it would pay its first ever dividend following record results this summer that saw its profits surge 59%.

Lumen Technologies Inc.‘s stock
LUMN,
+10.27%
rose 5% after a Securities and Exchange Commission filing showed Chief Executive Kate Johnson scooped up nearly $1 million in stock in the wake of a historic one-day selloff for the telecommunications company

Tesla Inc.
TSLA,
+1.83%
shares jumped 3% following Elon Musk’s reported announcement to staff that the automobile manufacturer will make its new low-cost in a plant near Berlin.

Stock decliners:

Shares in Kodiak Sciences Inc.
KOD,
-7.20%
dipped 7% after the biotech company outlined plans to launch an additional pivotal study looking at the effectiveness of its tarcocimab tedromer drug following talks with US regulators.