Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- JPMorgan shares fell after the largest US bank cut its net interest income forecast for the full year.
- Wells Fargo shares fell after the US bank reported net interest income for the first quarter that missed the average analyst estimate.
- United Airlines Holdings Inc. Chief Executive Officer Scott Kirby has floated a possible combination with American Airlines Group Inc., according to people familiar with the conversations, an audacious proposition that would face intense scrutiny even under the business-friendly Trump administration. Kirby has pitched the idea to senior government officials, though it’s unclear if any overtures have since been made or if an actual process is underway to explore a deal, according to the people, who asked not to be identified because the conversations are private.