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CVS Rises, Carvana and Ares Management Rally Before Joining S&P

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Manage episode 523442098 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:

- CVS (CVS) shares rise after the company raised its full-year profit forecast and said earnings would rise in 2026. It's a sign of hope as it navigates a turbulent retail environment and government scrutiny across the health care industry.

- Carvana (CVNA) rallied as much as 2.4%, putting the used-car retailer on track to extend gains for an 11th-consecutive session, matching a record rally set six years ago. On Monday, the stock jumped 12% following news it will join the S&P 500 Index starting Dec. 22.

- Ares Management (ARES) surged as much as 9.4% Tuesday after an announcement that the stock will replace Kellanova in the S&P 500, effective Dec. 11.

See omnystudio.com/listener for privacy information.

  continue reading

1359 episodes

Artwork
iconShare
 
Manage episode 523442098 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:

- CVS (CVS) shares rise after the company raised its full-year profit forecast and said earnings would rise in 2026. It's a sign of hope as it navigates a turbulent retail environment and government scrutiny across the health care industry.

- Carvana (CVNA) rallied as much as 2.4%, putting the used-car retailer on track to extend gains for an 11th-consecutive session, matching a record rally set six years ago. On Monday, the stock jumped 12% following news it will join the S&P 500 Index starting Dec. 22.

- Ares Management (ARES) surged as much as 9.4% Tuesday after an announcement that the stock will replace Kellanova in the S&P 500, effective Dec. 11.

See omnystudio.com/listener for privacy information.

  continue reading

1359 episodes

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