After a tough day when the S&P 500 dropped a lot, falling 1.5% to 5,123.41 and most of its parts ended down, things looked up during after-hours trading.
Especially, people noticed some good changes in real estate and technology stocks, which gave a bit of hope when the widespread market was feeling negative.
The Strongness Of Real Estate
In real estate, Medical Properties Trust (MPW) went up by a big 11% after saying they were selling parts of five Utah hospitals as part of a smart plan.
They sold these parts to a new joint venture with a secret investment fund, showing they could make good moves to fit the market.
This big increase after trading hours shows that real estate investment trusts (REITs) can still do well and grow, even when most people feel negative about the market.
Impressive Shifts in Tech
In the tech world, Tesla (TSLA) went up a bit by 0.8% after they changed the price of upgrading their cars.
They made it cheaper to upgrade from Basic Autopilot to Full Self-Driving (FSD) capability, dropping the price to $99 from $199 before.
This shows Tesla can quickly adjust to what customers want and what’s happening in the market.
It also shows how tech companies, especially in the growing electric vehicle (EV) market, keep coming up with new ideas to stay competitive.
