View Transcript
Episode Description
On this episode of Stock Movers:
- Shares of American Airlines (AAL) and United Airlines (UAL) edged lower in premarket trading as carriers across the US began canceling flights scheduled for the coming days, as the longest government shutdown in history upends air travel and forces thousands of passengers to change their travel plans. With hundreds of services already suspended by the four largest airlines, the world’s busiest aviation market has become a flashpoint in the long-simmering clash between Republicans and Democrats over federal funding as President Trump ramps up pressure to forge a deal.
- Airbnb (ABNB) shares climbed in the premarket session after the company issued a better-than-expected outlook for the holiday quarter, with a recently launched “reserve now, pay later” feature helping fuel demand in the US. Revenue for the three months ending Dec. 31 will be $2.66 billion to $2.72 billion, the company said in a shareholder letter on Thursday, exceeding the Bloomberg-compiled analyst average estimate of $2.67 billion. The key metric of nights and seats booked is expected to increase in the “mid-single-digit range” from a year earlier, Airbnb said. That was in line with analysts’ estimates. Airbnb had previously warned about challenging comparisons with 2024.
- Monster Beverage (MNST) shares moved higher in early trading after the energy drink maker's third-quarter results topped expectations. Net sales to customers outside the US reached a record high rate, Schlosberg said, accounting for about 43% of total net sales, up from roughly 40% a year earlier. The latest results underscore how the broader energy-drink industry is benefitting from coffee drinkers ditching cold brews for “better-for-you” caffeine and are eyeing overseas markets where consumption remains below soft drinks.
See omnystudio.com/listener for privacy information.
