Midday Movers: Shell, Peloton Interactive, Constellation Brands and More

  • Investing.com
  • Stock Market News
Midday Movers: Shell, Peloton Interactive, Constellation Brands and More

By Liz Moyer

Investing.com -- Stocks traded lower on Thursday as investors awaited the government's jobs report for September. Here are the market movers for Oct. 6:

  • Shell PLC ADR (NYSE: SHEL ) shares fell 3.9% after the oil major said third-quarter results would be affected by lower profit from natural gas trading. It's also seeing higher costs to deliver fuel.

  • Peloton Interactive Inc (NASDAQ: PTON ) shares rose 4% after the exercise bike maker said it will cut another 500 jobs as it attempts a business turnaround.

  • Constellation Brands Inc (NYSE: STZ ) shares fell 1.2% after the spirits company beat expectations for profit and revenue. It did decide to sell some wine operations to California-based Wine Group.

  • General Electric Company (NYSE: GE ) shares fell 1.7% after it said it was shedding about 20% of its onshore wind workers, which could amount to hundreds of jobs.

  • Amazon.com Inc (NASDAQ: AMZN ) shares fell 0.2% after the e-commerce giant said it would hire 150,000 seasonal workers, about the same number of people it hired last holiday season.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles