Yahoo Finance Stocks whipsawed as Trump pulls out of Iran deal
Stocks go nowhere while oil prices slide after President Trump pulls out of the Iran nuclear deal. Plus, Disney earnings are due out any minute. We’ll break down the numbers for you live. And, while Disney execs will likely be celebrating The Black Panther’s record run on Tuesday, we’ll tell you why Comcast could be a bigger problem for the Mouse House. Plus, amid records at the box office, MoviePass has won the heart of moviegoers everywhere, but is the seemingly too-good-to-be-true service actually too good to continue? Catch The Final Round at 3:55 ET p.m. with Myles Udland and Dan Roberts.
Winners and losers
Stocks in the red include Hain Celestial as the beverage maker reported $897,000 of “bad debt” stemming from baby formula products at bankrupt Toys ‘R Us; Weight Watchers as fund Artal Luxembourg plans to sell 6.5 million shares in a secondary offering; and Hertz, with shares stuck in reverse as the car rental operator reported a wider loss than expected, as its turnaround plans hit a snag.
Stocks in the green include Snap as the Snapchat owner names Amazon VP Tim Stone as its new CFO; Citi as activist hedge fund ValueAct revealed a more than $1 billion stake in the bank; and Dean Foods, going higher as the dairy company reported an earnings beat citing improved cost reductions.
