Employees are working in the cargo hold of a Boeing 737 MAX9 test aircraft outside the company’s factory in Renton, Washington, March 14, 2019.
Stephen Blusher | Getty Images News | Getty Images
Check out the companies that make headlines for noon trading.
delta, United, American Airlines, Boeing — The airline stock price is Increasing concerns about rebound in Covid-19 cases.. Both Delta and American Airlines’ shares have fallen by about 4%. United decreased by more than 5%.Aircraft manufacturer BoeingInventories have also fallen by about 5%. Delta mutations are widespread in unvaccinated people in the United States this month, increasing the number of cases of Covid.
carnival, Norwegian Cruise Line — Cruise ship operator share was one of the biggest delays on Monday’s significant sellouts. Carnival and Norwegian Cruise Line each fell by more than 5%, Royal Caribbean It fell by more than 4%. According to CDC data, the United States had an average of about 30,000 new cases per day in the last seven days until Friday, an increase from an average of about 11,000 in the seven days a month ago.
Diamond back energy, Devon energy, Marathon oil — Oil company stocks sank Falling US oil prices As OPEC and its allies have agreed to increase production. West Texas Intermediate Crude Oil Futures It fell below the major $ 70 level on Monday for the first time in over a month. Diamondback Energy slid 7%. Marathon oil decreased by 6%. Devon Energy has erased almost 5%. Chevron Shed 3% or more, Exxon mobile It decreased by more than 4%.
JP Morgan, Morgan Stanley, Goldman Sachs — Bank stocks were hit on Monday Bond yields plummetCrimp the profitability outlook. JP Morgan, Morgan Stanley, Goldman Sachs, Wells Fargo All slid over 3%. Bank of America Dropped by more than 2%, and City It fell by more than 3%.
proton, Chewy, Door dash — The share of businesses that benefited from having consumers at home during the pandemic was boosted on Monday due to heightened concerns about the spreading Deltacovid variant. Athletic company Peloton and online pet supplies retailer Chewy each added about 6%. Food delivery service DoorDash rose by more than 4%.
Kroger, Albertsons — Investors too Flocked to grocery store inventory, Was the main beneficiary of the pandemic. Albertsons Increased by more than 1% Kroger It increased by more than 3% amid concerns about an increase in Covid cases. “If this works and Covid starts to lift his head again and things start to stop, he’ll benefit from groceries,” said Brian Yarbro, a retail analyst at Edward Jones.
Tractor supply – Tractor Supply’s share price fell about 4.5%, despite higher-than-expected earnings reports for the second quarter. Agricultural equipment and services companies generated a quarterly profit of $ 3.19 per share with revenue of $ 3.6 billion, surpassing analysts’ earnings estimates of $ 2.96 per share with revenue of $ 3.46 billion.
Zoom video — Video conferencing company stock fell more than 4% on Monday after accounting for it being purchased Five 9, A provider of cloud contact center software and a total equity transaction that values the company at $ 14.7 billion. transaction Marks Zoom’s first $ 1 billion acquisition.
Modana – Moderna’s share price has risen by more than 7% and continued to rise last week following news that pharmaceutical companies will join the S & P 500 on Wednesday, July 21st. Moderna will replace Alexion Pharmaceuticals, which has been acquired by AstraZeneca.
— CNBC’s YunLi, Maggie Fitzgerald and Tanaya Macchel contributed to the report
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Boeing, Carnival, Goldman, etc.
Source link Boeing, Carnival, Goldman, etc.