Closing Bell: Airlines Jumps, Amazon/Globalstar Rises on Deal, Walls Fargo Drops
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Isabelle Lee, Katie Greifeld, Carol Massar and Tim Stenovec.- United Airlines (UAL) shares rose as much as 3.9% and American Airlines (AAL) shares gained as much as 9.6% after United Chief Executive Officer Scott Kirby floated a possible combination between the two airlines- Globalstar (GSAT) shares rise 9.2% in premarket trading after Amazon (AMZN) agreed to acquire the company for $90 a share in cash and stock to extend…
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