Delta Up, Peabody Soars, Cal-Maine Drops After Earnings
On this episode of Stock Movers:- Delta (DAL) shares are up despite withdrawing its full-year financial guidance due to uncertainty surrounding global trade, a stark sign of the turmoil rippling across corporate America from President Donald Trump’s tariffs. While Delta still anticipates a profit in 2025, it declined to reaffirm the forecast issued in January, when the carrier said annual adjusted earnings would surpass $7.35 a share. - Peabody (BTU) shares climb as President Donald Trump signed executive orders to expand the mining and use of coal in the US. Separately, Peabody is reviewing a deal worth up to $3.78 billion to buy Anglo American’s steel-making coal business after a fire at an Australian mine.- Cal-Maine (CALM) shares fall after the egg producer reported third-quarter earnings per share that missed consensus estimates. Additionally, the company said it received a civil investigative demand from the Department of Justice Antitrust Division into the causes behind the increase in egg prices nationwide.See omnystudio.com/listener for privacy information.