{"id":77418,"date":"2024-03-12T10:58:39","date_gmt":"2024-03-12T15:58:39","guid":{"rendered":"https:\/\/equitynewsreport.com\/midday-movers-oracle-surges-boeing-falls\/"},"modified":"2024-03-12T10:58:39","modified_gmt":"2024-03-12T15:58:39","slug":"midday-movers-oracle-surges-boeing-falls","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/midday-movers-oracle-surges-boeing-falls\/","title":{"rendered":"Midday movers: Oracle surges; Boeing falls"},"content":{"rendered":"<div readability=\"67\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"Midday movers: Oracle surges; Boeing falls\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/news\/LYNXMPEB2H0Q1_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Updated &#8211; March 12, 2024 11:36 AM EDT)<\/p>\n<p>Investing.com &#8212; Main U.S. indexes gained after CPI data for February eased concerns about a resurgence of inflation.<\/p>\n<p>Here are some of the biggest U.S. stock movers today:<\/p>\n<p>Oracle (NYSE:) shares surged nearly 11% after clocking stronger-than-expected quarterly earnings thanks to increased demand for its AI offerings.<\/p>\n<p>Boeing (NYSE:) shares slipped 3.3% after authorities in Chile said they had started an investigation into a Latam flight of a Boeing 787 Dreamliner that suffered a &#8220;strong movement&#8221; during a journey from Sydney to Auckland.<\/p>\n<p>Southwest Airlines (NYSE:) shares dropped 14% after the carrier said it would post a net loss in the first quarter due to slower than anticipated aircraft deliveries from Boeing.<\/p>\n<p>Acadia Pharmaceuticals (ACAD) dropped 16% after the pharmaceutical group ditched plans to conduct further trials of its pimavanserin drug after a Phase 3 study failed to meet its primary endpoint.<\/p>\n<p>3M (MMM) shares rose 4% after the conglomerate named William Brown as its new Chief Executive Officer.<\/p>\n<p>Carvana (CVNA) shares edged higher after analysts raised their estimate of the used car dealer to &#8220;Hold.&#8221;<\/p>\n<p><span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> IBM <\/span><\/span> (NYSE:) rose 3.7% after BofA Securities reiterated a \u2018buy\u2019 rating on the stock.<\/p>\n<p>On Holding (ONON) declined 14% after the footwear and sports apparel company posted fourth quarter net sales below analyst estimates.<\/p>\n<p>American Airlines (NASDAQ:) declined 4% after telling investors its sees EPS at the low end of guidance in the first quarter.<\/p>\n<p><em>Additional reporting by Louis Juricic<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. (Updated &#8211; March 12, 2024 11:36 AM EDT) Investing.com &#8212; Main U.S. indexes gained after CPI data for February eased concerns about a resurgence of inflation. Here are some of the biggest U.S. stock movers today: Oracle (NYSE:) shares surged nearly 11% after clocking stronger-than-expected quarterly earnings thanks to increased demand for its AI offerings. Boeing (NYSE:) shares slipped 3.3% after authorities in Chile said they had started an investigation into a Latam flight of a Boeing 787 Dreamliner that suffered a &#8220;strong movement&#8221; during a journey from Sydney to Auckland. Southwest Airlines (NYSE:) shares dropped 14% after [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,49,50,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77418"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77418"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77419"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}