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Palantir Jumps, Best Buy Gains, Cigna Falls on ‘Surprise’ CEO Retiremen
Description
On this episode of Stock Movers:
- Palantir (PLTR) shares rise. The company's stock jumped as President Donald Trump ratcheted up threats against Iran, and is continuing to rise amid military strikes by the US and Israel on the country.
- Best Buy (BBY) shares gain after the company reported profit for the holiday-shopping season that was better than expected, with adjusted earnings per share of $2.61. The company's revenue forecast for this year met Wall Street estimates, and it boosted its dividend, giving investors confidence.
- Cigna (CI) shares fall after the health insurer said David M. Cordani will retire as chief executive officer and be replaced by chief operating officer Brian Evanko.
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