Market Updates
U.S. Movers: F5, JetBlue, Merck, Pfizer, Woodward
Scott Peters
30 Jul, 2024
New York City
JetBlue jumped 21.6% to $7.21 after the regional airline unexpectedly reported profit in its latest quarter.
Procter & Gamble plunged 6% to $159.73, and the household products maker reported weaker-than-expected revenue due to weak sales in China.
Merck & Company dropped 8.6% to $116.61 after the pharmaceutical company reported stronger-than-expected quarterly results, but the company's annual guidance fell short of investor expectations.
Pfizer declined 2.9% to $116.61 despite the pharmaceutical company reporting better-than-expected second quarter results and lifting its annual outlook.
F5 Inc. soared 10.7% to $196.71 after the cyber security network management software company reported better-than-expected revenue and earnings in the fiscal third quarter.
Woodward Inc. dropped 16.5% to $152.91, and the aerospace company's revenue in the fiscal third quarter of $847.7 million fell short of market expectations.
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