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PNC Financial Rises; JB Hunt Slides After Revenue Miss; Novo Nordisk Extends Gains
Description
On this episode of Stock Movers:
- PNC Financial (PNC) shares are up after the regional bank forecast net interest income growth for 2026 of about +14%. It also reported revenue that came in above the average analysts estimates.
- JB Hunt Transport Services (JBHT) shares fall as much as 5.4% in premarket trading on Friday after the trucking company’s fourth-quarter revenue missed estimates, extending the ongoing freight slump. Analysts are largely positive about the results, with Citi noting the company had a high bar to beat after a near 50% rally since reporting last quarter.
- Novo Nordisk (NVO) shares gain, among the top performers in the Stoxx 600 Index on Friday morning. The UK’s medicines regulator has approved a higher dose of Wegovy for patients with obesity, according to a statement.
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