Delta Pulls Guidance; Pharma Stocks Hit; Walmart Pushes Higher
On this episode of Stock Movers:
- Delta (DAL) shares are up despite the airliner pulling guidance this morning, citing stalled growth. The markets are buying the stock as the first quarter numbers are coming in line with expectations.
- AbbVie (ABBV) are lower as pharmaceutical stocks take a hit due to proposed tariffs by President Trump on the pharma industry. It is affecting stocks across the industry including overseas.
- Walmart (WMT) shares are higher as the company's CEO says it's looking at cost-cutting measures and keeping prices as low as it possibly can. The company still sees net sales growing 3% to 4% this year, according to a statement.
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