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Top Stock Movers Now: Morgan Stanley, KLA, UnitedHealth Group, Target, and More


//stocks-investing.news-articles.net/content/202 .. nley-kla-unitedhealth-group-target-and-more.html
Published in Stocks and Investing on Thursday, January 16th 2025 at 13:21 GMT by Investopedia   Print publication without navigation

  • Major U.S. indexes were little changed at midday Thursday after Wednesday's big gains powered by strong bank earnings and a softer-than-expected inflation report.

The article from Investopedia discusses the significant stock movements of several companies on a particular trading day. Morgan Stanley experienced a 6.4% drop in its stock price after reporting a 27% decrease in quarterly profit, largely due to a special assessment fee related to the collapse of regional banks. KLA Corporation saw its shares rise by 3.5% following a better-than-expected earnings report, despite a year-over-year revenue decline. UnitedHealth Group's stock fell by 3.5% after it announced a higher-than-expected medical loss ratio for the first quarter, indicating increased costs for medical care. Target Corporation's shares decreased by 3.2% after reporting a 3.7% drop in comparable sales, reflecting consumer spending shifts towards essentials. Additionally, the article mentions other companies like Tesla, which saw a 4.9% increase after announcing price hikes for its vehicles, and Netflix, which rose 3.9% after reporting strong subscriber growth. The market reactions highlight investor concerns over profitability, consumer behavior, and economic conditions.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/top-stock-movers-now-morgan-stanley-kla-unitedhealth-group-target-and-more-8775681 ]

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