⏳ Final hours! Save up to 55% OFF InvestingProCLAIM SALE

After-hours movers: United Airlines, Vroom and more

Published 01/22/2024, 05:01 PM
Updated 01/22/2024, 05:02 PM
© Reuters.  After-hours movers: United Airlines, Vroom and more
LUV
-
DAL
-
UAL
-
AAL
-

After-Hours Stock Movers:

United Airlines (UAL) stock rose 6% after it reported strong fourth quarter results and issued full year 2024 EPS guidance that topped consensus estimates.

  • Delta Air Lines (NYSE:DAL), American Airlines (NASDAQ:AAL) and Southwest Airlines (NYSE:LUV) all traded higher in sympathy with United.

Digital World Acquisition Corp (DWAC) declined 3% after surging 88% during the regular session. The Donald Trump-linked SPAC climbed after Florida Governor Ron DeSantis' decision over the weekend to suspend his candidacy.

Vroom, Inc. (Nasdaq: VRM) declined 20% after it announced that it is discontinuing its ecommerce operations and winding down its used vehicle dealership business in order to preserve liquidity. Company anticipates that approximately 800 employees will be impacted.

Adicet Bio, Inc. (Nasdaq: ACET) declined 13% after it commenced an underwritten public offering of its common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock.

B. Riley Financial (RILY) declined 4% following a Bloomberg report that said Franchise Group’s CEO Brian Kahn will step down. A separate Bloomberg report over the weekend said the SEC is probing B. Riley over its links to Kahn.

Sagimet Biosciences (SGMT) declined 7% after surging 170% during the regular session following positive trial data for its treatment of non-alcoholic steatohepatitis.

By Louis Juricic

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.