US Banks Surge, Vail Slumps. JB Hunt Slides
On this episode of Stock Movers:- Morgan Stanley (MS) shares jump as much as 4.5% after the bank reported wealth management net revenue for the fourth quarter that beat the average analyst estimate, while FICC sales & trading revenue came in below estimates. The company reported record annual net income, with total investment-banking fees at $2.41 billion, up from a year ago, and net new assets in the wealth business at $122.3 billion.- Vail Resorts (MTN) shares slump 4.6% in premarket trading after the ski report operator said now expects full-year resort reported Ebitda to be just below the…
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