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Netflix Sinks After Outlook; United Airlines Up; Royal Caribbean Up Most in 11 Weeks
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Netflix (NFLX) shares are down after the streaming company gave a second-quarter outlook that was weaker than expected. Company co-Founder and Chairman Reed Hastings separately announced plans to not stand for reelection to the board at its annual meeting in June.
- US airline stocks extend gains in premarket trading, while energy stocks deepen declines, after Iran’s foreign minister said the Strait of Hormuz is open for all commercial vessels.
- Royal Caribbean Cruises (RCL) rises most in 11 weeks. Trading volume was six times the average for this time of day. The stock reversed the previous session's loss.
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