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Morgan Stanley shares surge, UnitedHealth plunges and IBM slips under pressure

Yahoo Finance

Let’s check out the Yahoo Finance charts of the day.

Morgan Stanley (MS): Shares getting a boost, up around 3.1%. The firm is reporting quarterly profits of $1.45 per share, 20 cents a share above estimates. Revenue also beat forecasts. CEO James Gorman said results were strong across all business and in all regions.

UnitedHealth Group (UNH): Shares dip here, around 0.71%. The health services business continues its impressive growth as it raised it’s annual profit forecast after a strong first quarter.

IBM (IBM): Shares slipping here, down around 6%. The technology company’s profit margins fell short of Wall Street expectations—a sign that its reinvention is taking some time.

For more on today’s big stock movers check out The Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.