Stocks of Spirit Airlines, Five Below, and JB Hunt Decline in After-Hours Trading
Money | July 16, 2024, 8:53 p.m.
In a recent episode of Asking for a Trend, host Josh Lipton discusses stocks making big moves in after-hours trading. Five Below (FIVE) is seeing a drop in shares due to a CEO transition and reduced second quarter guidance. Spirit Airlines (SAVE) is also experiencing a decline in shares after cutting revenue guidance, affecting other airliners like JetBlue (JBLU) and Southwest (LUV). Additionally, JB Hunt Transport Services (JBHT) is facing a decrease in shares as second quarter earnings and revenue fall below expectations. This latest market action highlights the impact of leadership changes, revenue challenges, and earnings misses on stock performance. Watch the full episode for expert insight on these trending stocks and more market updates.