
About this episode
This episode discusses the biggest winners and losers in the stock market, focusing on Booking Holdings, Starbucks, and Centene.
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Booking Holdings (BKNG) shares fell on Tuesday after the online travel agent said the Middle East conflict impacted its first quarter results to varying degrees. Its 2Q and full-year forecasts miss estimates. Peer Expedia, which reports May 7, is down 5.0%. - Starbucks (SBUX) stocks jumped after the coffee chain reported better-than-expected quarterly results and said it now sees comparable sales rising at least 5% this year, up from its previous view of 3% or more. - Centene (CNC) shares rose after first-quarter profit exceeded Wall Street expectations and the company raised its outlook for the year in the latest sign of recovery for a US health insurance sector coming off a terrible year. Adjusted earnings of $3.37 a share surpassed all analyst estimates in a Bloomberg survey. A key gauge of medical costs came in more favorable than Wall Street views. The company boosted its earnings outlook for the year by 40 cents a share, it said in a statement Tuesday. See omnystudio.com/listener for privacy information.
Topics covered
- stock market
- financial results
- earnings report
- business news
- market analysis
Keywords
- Booking Holdings
- Starbucks
- Centene
- stock market
- earnings report
- financial results
- Expedia
- Middle East conflict
Mentioned in this episode
Organizations: Booking Holdings, Expedia, Starbucks, Centene
Books & works: Bloomberg
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