Morning Stock Movers: Uber, Lyft, DoorDash, GM, Pfizer

The video discusses market trends, focusing on the impact of California's Prop 22 on companies like Uber and DoorDash, and the legal challenges they face. It also covers GM's costly vehicle recalls and their implications on the company's EV strategy. Lastly, it highlights Pfizer's acquisition of Trillium and updates on COVID vaccine authorizations.

What was the main reason for the decline in stock prices of companies like Uber and DoorDash in the pre-market?

• An increase in fuel prices

• A new competitor entering the market

• Legal challenges related to Prop 22

• A decrease in consumer demand

What is the estimated cost of the Chevy Bolt recalls for General Motors?

• $1 billion

• $500 million

• $3 billion

• $2 billion

What was a significant factor in the previous rally of GM shares?

• Cost control measures by Barbara

• Partnership with a tech company

• Introduction of a new vehicle model

• Expansion into new markets

What major event is expected to impact Pfizer and other vaccine stocks?

• A drop in vaccine demand

• A new vaccine development

• FDA's full authorization for COVID vaccines

• A merger with another pharmaceutical company

What is the significance of Pfizer's acquisition of Trillium?

• It marks Pfizer's entry into the tech industry

• It triples the value of Trillium's shares

• It leads to a decrease in Pfizer's stock price

• It results in a new vaccine development