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BP Up, Lufthansa Down, Air France Down
Published 1 month ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran.
- Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the Middle East.
- One of Europe’s biggest airline groups kicked off the race for TAP SA, with Air France-KLM submitting the first known bid for a stake in the Portuguese flag carrier.
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