Investing.com - United Airlines shares fell 1.8% after the experience of the airline reported a pure loss of $ 2.1 billion in the fourth quarter compared with the profit of $ 676 million a year earlier. She also warned that at the beginning of 2021, its sales will decline, since the coronavirus pandemic is delayed.
TESLA shares rose 0.6% after the number of registers of electric vehicles of this manufacturer in California in the fourth quarter jumped by almost 63% compared with last year, largely due to the success of the model Y, according to Cross-SELL.
The Kinder Morgan shares rose by 2.6% after the pipeline operator showed the results, exceeded the expectations both along the top and at the bottom boundary of the profits range, although it also caused concern about the costs of the slate.
Baker Hughes shares rose by 1.3%, while the revenue of a group providing services in the oil sector exceeded quarterly expectations, although it reported on loss. The company stated that at the moment it is in good conditions.
Discover Financial shares fell by 1% after the company providing financial services indicated the growth of loan losses in the second half of this year.
Travelers shares rose 2.4% after the insurer reported a quarterly profit racing due to the growth of return on investment and a decrease in the number of appeals in connection with disasters.
Ford Motor Company shares rose by 4%, continuing growth after Deutsche Bank raised their estimated price by adding an automaker to its short-term shopping list.
Citigroup shares fell by 0.1% after the bank giant announced a reduction in bonuses for many of its top managers after last year the regulators announced the bank a reprimand for non-compliance with their proper risk management procedures.
PayPal shares rose by 1.2% after Btig changed its investment position in relation to the online payments, with "retaining" to "recommended to purchase", referring to the advantages of transition to digital payments.
Author Peter Nerst
Read Original Articles on: Investing.com