On this episode of Stock Movers:

- Adient (ADNT) shares jump the most intraday since July — after UBS analyst Joseph Spak raised his recommendation on the auto supplier to buy from neutral.

- Royal Caribbean (RCL) shares slide after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month.

- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

On this episode of Stock Movers: - Adient (ADNT) shares jump the most intraday since July &mdash; after UBS analyst Joseph Spak raised his recommendation on the auto supplier to buy from neutral. - Royal Caribbean (RCL) shares slide after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month. - Wells Fargo (WFC) shares slump after the firm missed analysts&rsquo; profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Adient Jumps, Royal Caribbean Slides, Wells Fargo Slumps on Profit Miss

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bd7256de-2419-481b-868f-b3d2010a61e9/transcript

On this episode of Stock Movers:

- JPMorgan raised the recommendation on MGM Resorts International (MGM) to overweight from neutral, citing stable leisure demand and improving Las Vegas Strip growth. Truist raised the recommendation on casino and hotel operator to buy from hold. Shares are up 4% premarket Wednesday.

-Boston Scientific (BSX) stock slides as much as 12%, the most intraday since February, after the company’s CEO indicated at an industry conference that standalone WATCHMAN heart implant procedures continue to decline. Management also mentioned potential near- term challenges in its presentation

- Snowflake (SNOW) shares jumped almost 30% in late trading after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.

On this episode of Stock Movers:
- JPMorgan raised the recommendation on MGM Resorts International (MGM) to overweight from neutral, citing stable leisure demand and improving Las Vegas Strip growth. Truist raised the recommendation on casino and hotel operator to buy from hold. Shares are up 4% premarket Wednesday.
-Boston Scientific (BSX) stock slides as much as 12%, the most intraday since February, after the company&rsquo;s CEO indicated at an industry conference that standalone WATCHMAN heart implant procedures continue to decline. Management also mentioned potential near- term challenges in its presentation
- Snowflake (SNOW) shares jumped almost 30% in late trading after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.&rsquo;s cloud services and chips.

MGM Resorts Gains, Boston Scientific Falls, Snowflake Soars

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef8c2b99-f957-42f5-8734-b457015e0b63/transcript

On this episode of Stock Movers:

- Abercrombie & Fitch (ANF) shares are up 5.7% in premarket trading after the apparel retailer reported first-quarter adjusted earnings per share that beat and maintained its outlook for the year. The shares are down about 41% this year as of Tuesday’s close, with Citi noting sentiment was negative heading into the print.

-Dick’s Sporting Goods (DKS) shares are down 3.7% after the retailer’s mixed first quarter earnings report. Gross margin trailed expectations, but comparable sales at both Dick’s and Foot Locker segments beat expectations, according to analysts. Foot Locker profitability was also better than expected. 

-Bath & Body Works (BBWI) shares climb 12% premarket after the soap and candle retailer’s first-quarter results came in ahead of consensus estimates, plus second-quarter guidance also matched Street estimates, and full-year guidance was maintained. BBWI also said CFO Eva Boratto will step down from her role effective June 12.

On this episode of Stock Movers:
- Abercrombie &amp; Fitch (ANF) shares are up 5.7% in premarket trading after the apparel retailer reported first-quarter adjusted earnings per share that beat and maintained its outlook for the year. The shares are down about 41% this year as of Tuesday&rsquo;s close, with Citi noting sentiment was negative heading into the print.
-Dick&rsquo;s Sporting Goods (DKS) shares are down 3.7% after the retailer&rsquo;s mixed first quarter earnings report. Gross margin trailed expectations, but comparable sales at both Dick&rsquo;s and Foot Locker segments beat expectations, according to analysts. Foot Locker profitability was also better than expected.&nbsp;
-Bath &amp; Body Works (BBWI) shares climb 12% premarket after the soap and candle retailer&rsquo;s first-quarter results came in ahead of consensus estimates, plus second-quarter guidance also matched Street estimates, and full-year guidance was maintained. BBWI also said CFO Eva Boratto will step down from her role effective June 12.

Abercrombie Climbs, Dick's Falls, Bath & Body Works Gains

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3bf0e644-13ba-488c-b4f2-b457013a2e31/transcript

On this episode of Stock Movers:
- United Airlines (UAL) shares rise. TD Cowen analyst Thomas Fitzgerald raised the target on United Airlines Holdings Inc. to $150 from $142. Maintains buy rating. Investors who followed Fitzgerald's recommendation received a 42% return in the past year, the same as the company's performance.
- JPMorgan Chase (JPM) shares drop. JPMorgan Chase & Co. will probably spend about $1 billion more this year than executives expected just last month, according to Chief Executive Officer Jamie Dimon. 
- Boston Scientific (BSX) shares slide as much as 11%, most intraday since March 30, after the company’s CEO mentioned potential near term challenges in its presentation at an industry conference.

On this episode of Stock Movers: - United Airlines (UAL) shares rise. TD Cowen analyst Thomas Fitzgerald raised the target on United Airlines Holdings Inc. to $150 from $142. Maintains buy rating. Investors who followed Fitzgerald's recommendation received a 42% return in the past year, the same as the company's performance. - JPMorgan Chase (JPM) shares drop. JPMorgan Chase &amp; Co. will probably spend about $1 billion more this year than executives expected just last month, according to Chief Executive Officer Jamie Dimon. - Boston Scientific (BSX) shares slide as much as 11%, most intraday since March 30, after the company&rsquo;s CEO mentioned potential near term challenges in its presentation at an industry conference.

United Airlines Rises, JPMorgan Chase Drops, Boston Scientific Falls as Management Calls Out Challenges 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4f7689e3-69a3-405b-a60d-b45700fa749d/transcript

Adient Jumps, Royal Caribbean Slides, Wells Fargo Slumps on Profit Miss

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