XOM, CCL, DAL, GM and more
(CNBC): Companies like APA, Carnival, and Delta Air Lines experience stock fluctuations due to oil price surges and geopolitical tensions.
Various companies across different sectors experienced stock movements in premarket trading. Oil stocks saw a boost as energy companies like APA and Diamondback Energy surged alongside oil prices after Trump’s speech on Iran. Cruise operators like Carnival and Royal Caribbean took a hit due to uncertain geopolitical outcomes. Airline stocks like Delta Air Lines also fell due to rising oil prices. Gold miners like Newmont and Kinross Gold saw declines after gold prices dropped post-speech. General Motors slipped after revealing a sales drop, impacted by rising oil prices. Mobile satellite services provider Globalstar rallied following reports of Amazon considering acquisition. Penguin Solutions saw a boost in stock after exceeding financial expectations. Memory chipmakers like Western Digital faced declines. LNG exporters like Venture Global rose amid fears of Middle East conflicts disrupting global supply. Fertilizer companies like CF Industries rose on concerns of supply disruptions. Immunovant saw a drop in shares after unsuccessful late-stage studies on a potential treatment for thyroid eye disease.
