Stocks moving in after hours: Delta Air Lines, JetBlue, Rivian, Utz Quality Food...
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Delta Air Lines, JetBlue, Rivian, Utz Quality Foods, CarMax
Stocks moving in after hours: Delta Air Lines, JetBlue, Rivian, Utz Quality Foods, CarMax
Yahoo Finance Live anchor Seana Smith looks at several trending stocks in the after-hours trading session.
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Stocks moving in after hours: Delta Air Lines, JetBlue, Rivian, Utz Quality Foods, CarMax
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Stocks moving in after hours: Delta Air Lines, JetBlue, Rivian, Utz Quality Foods, CarMax
Yahoo Finance Live anchor Seana Smith looks at several trending stocks in the after-hours trading session.
Video Transcript
DAVE BRIGGS: Let's take a look what's moving after hours.
SEANA SMITH: All right, Dave, we've got a couple of names up here on the board. Let's start with the airline stocks because we're expecting some news tomorrow. The FAA to announce new flight attendants, that flight attendants will be getting more rest time. Currently, it's mandated that they get 9 hours here. The congress has pushed for 10. We're expecting that announcement tomorrow morning.
Of course, the airline industry has had a tough year-- a couple of years, I should say. Year to date, Delta is off just around 27%, United off 25%, American off 33%, JetBlue also firmly in the red, off 53% year to date. We know the airlines have been struggling with staffing issues. So it will be interesting to hear the comments after the update that we're expected to get tomorrow from the FAA.
Let's talk about Rivian here, a mover after hours. The company reaffirming its production guidance for the year, which actually missed the Street's expectations for the year. It still expects to produce just around 25,000 vehicles. The Street was looking for 26,000 vehicles. Third quarter production estimate-- or third quarter production numbers, excuse me, missed what the Street was looking for, coming in light, just above 7,000. Deliveries also coming in just a bit light.
Taking a look at Rivian here, closing the day off just over 3%. Year today, been a tough go at it for the company, off just around 69%. But again, it's that full year guidance number that missed what the Street was looking for. That's a big reason why the stock is under pressure here.
Utz Quality Foods, a big update here in terms of some executive announcements. Dylan Lisette is stepping down as CEO. He's going to become the company's executive chairman. We're not seeing a lot of movement here after hours in the stock. He's been the CEO with the company since 2013. The new CEO is Howard Freeman. He's coming to us from post operations here. He will be the next CEO. It's going to be effective December 15.
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