Midday Movers: Marathon Oil, Boeing, Costco Wholesale and More


Investing.com - Financial Markets Worldwide

Please try another search

Stock Markets 35 minutes ago (Sep 23, 2022 12:55PM ET)

Midday Movers: Marathon Oil, Boeing, Costco Wholesale and More © Reuters.

By Liz Moyer

Investing.com — U.S. stocks tumbled into a bear market for the Dow on Friday on worries about a global recession. Here are the midday movers for Sept. 23:

  • Oil company stocks plunged as prices for both benchmark commodities, and , fell 6% and 5%, respectively. APA Corporation (NASDAQ:) shares fell 12%, Marathon Oil Corporation (NYSE:) shares were down 11% and Halliburton Company (NYSE:) fell 10.4%.
  • Boeing Co (NYSE:) stock fell 6% a day after it announced a $200 million settlement with the Securities and Exchange Commission related to the 737 MAX.
  • Costco Wholesale Corp (NASDAQ:) shares fell 3.6% after it beat expectations but said margins were being pinched by higher freight and labor costs. 
  • Fubotv Inc (NYSE:) shares rose 3.6% after Wedbush upgraded it to outperform from neutral, calling the current stock price an attractive entry point for the connected streaming service.
  • YETI Holdings Inc (NYSE:) stock fell 5.8% after the maker of coolers and reusable drink containers said its CFO would depart next month.

Related Articles

Related Articles


Your email address will not be published. Required fields are marked *