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Stock Movers: Merck Up, Pepsi, American Airlines Fall On Profit Outlook
Posted
April 24, 2025
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April 24, 2025
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3:45Now PlayingMerck (MRK) shares are higher in spite of the company cutting its adjusted earnings per share forecast for the year and saying it expects to lose $200 million to already-announced tariffs in 2025 amid a roiling trade war between the US and China. Still, the company's first-quarter results beat estimates.
PepsiCo (PEP) shares are down after lowering its full-year profit outlook due to unpredictable US trade policy and worsening consumer sentiment, driving up costs and denting demand for its products.
American Air (AAL) shares dropped after it withdrew its full-year earnings outlook due to economic uncertainty. The airline cited weak domestic leisure travel and economic worries.
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