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GE Aerospace Gains, Warner Bros Discovery Jumps, Coca-Cola Rises on Sales Growth
Description
On this episode of Stock Movers:
- GE Aerospace (GE) shares gain after the company raised its full-year outlook for a second consecutive quarter as the jet-engine manufacturer cashes in on strong air-travel demand. The results underscore how the company continues to gain momentum under Chief Executive Officer Larry Culp after completing a three-way split of the longtime conglomerate last year.
- Warner Bros. Discovery (WBD) shares jump after the company said it has begun to consider various deal scenarios in light of “unsolicited interest” the media and entertainment conglomerate has received from “multiple parties” for all or part of the company.
- Coca Cola (KO) shares rise after the company posted third-quarter sales growth that beat Wall Street expectations. It's a sign that consumers are snapping up the company’s beverages despite higher prices.
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