Biggest Market Movers Middaday: Disney, Tesla, Carnival and more

0
105

 

Mesa Air Group — Shares of the airliner jumped 5% after Mesa Air announced it is finalizing a deal to run regional flights for United Airlines, while ending its partnership with American Airlines.

 

Signup for the USA Herald exclusive Newsletter

Carnival — The cruise line fell nearly 4% after an industry publication reported it canceled bookings for the Carnival Vista in early 2024 and is now set to drydock for just over a month.

 

Warner Bros Discovery — Warner Bros. Discovery continued its slide since announcing last week it was increasing its restructuring cost estimates by $1 billion. Shares were down more than 5% in midday trading.

 

Sinclair Broadcast Group — Sinclair dropped 4.7% after the New York Post reported talks for the NBA, MLB and NHL to acquire its regional sports network, Diamond Sports Group, are faltering — raising the likelihood of a bankruptcy filing for the group.

 

Meta — Meta dipped 2.2% after the European Commission said the Facebook parent might be violating EU antitrust laws. The EU also said Meta could be subject to a fine of up to 10% of annual revenue if it determines the laws were violated.