Market Updates
Movers: Bank of America, Bank of New York, Didi, Progressive, Nektar Therapeutics, Twitter
Barry Adams
18 Apr, 2022
New York City
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.
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Earnings
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