Movers: Bank of America, Bank of New York, Didi, Progressive, Nektar Therapeutics, Twitter
- Barry Adams
- U.S.A. New York City
-
Bank stocks were in focus after Bank of America and Bank of New York reported earnings. Progressive, Wendy's, and Sirius fell on negative comments from brokers.
Bank of America edged lower after reporting better-than-expected 80 cents a share and lower than expected loan loss provisions.
Bank of New York Mellon said quarterly earnings declined 19% on flat revenues and reported 86 cents a share.
Didi Global reported 13% decline in quarterly revenues and schedule a board meeting on May 23 to discuss New York delisting.
Progressive, Wendy's, and Sirius fell on negative comments from brokers.
Nektar plunged 25% after the cancer drug maker held all trials.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Bank of America Corporation | BAC | 1% | 30% | 3% |
| Bank Of New York Mellon Corporation The | BK | -0% | 49% | 16% |
| Progressive Corporation The | PGR | -0% | 51% | 23% |
| Nektar Therapeutics | NKTR | 7% | 59% | -79% |