© Reuters.
By Liz Moyer
Investing.com — Stocks are rising on Thursday after inflation and jobs data that calmed fears about the Federal Reserve’s stance toward raising interest rates. Here are the market movers for April 13.
- Delta Air Lines Inc (NYSE:) shares fell 0.9% after the carrier for first-quarter earnings but executives said the outlook for the second quarter was strong and they were confident in guidance for full-year revenue gains of 15% to 20%.
- Harley-Davidson Inc (NYSE:) shares fell 3.7% after the motorcycle maker said its CFO Gina Goetter would be leaving to take the same post at toy maker Hasbro (NASDAQ:).
- Rent the Runway Inc (NASDAQ:) shares fell 14% after the online clothing rental company guided for lower-than-expected revenue for this year and said its CFO was leaving.
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Sarepta Therapeutics Inc (NASDAQ:) shares fell 7.6% after a report that regulators had been leaning toward rejecting its gene therapy for a type of multiple sclerosis until an FDA official stepped in to schedule an advisory committee meeting.
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Progressive Corp (NYSE:) shares fell 6.6% after the insurance provider said were weighed by challenging conditions in its personal and commercial auto insurance businesses.