Midday movers: JPMorgan Chase, Boeing, Express and more

By Liz Moyer

Investing.com -- Stocks are falling on Friday as investors digested big bank earnings and a weaker-than-expected report on retail sales. Here are the market movers for April 14.

• JPMorgan Chase&Co (NYSE: JPM) shares rose 6.9% after the bank reported record revenue that beat expectations, fueled by a 49% rise in net interest income compared with the same time last year after the Fed's aggressive rate increases. Citigroup Inc (NYSE: C) shares rose 3.9%.


• Boeing Co (NYSE: BA) shares were down 5.6% after the plane maker suspended deliveries of some 737 MAX jets on a part supply problem. Boeing said there isn't an immediate safety issue and planes in service can continue flying.


• Express Inc (NYSE: EXPR) shares jumped 31% after the retailer, teaming up with WHP Global, inked a deal to acquire the menswear brand Bonobos from Walmart (NYSE: WMT) for a reported $75 million.


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  UnitedHealth Group Incorporated (NYSE: UNH) shares fell 2.6% after the health insurer reported results that beat expectations and raised its forecast for profit in 2023.

  
  


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  Lucid Group Inc (NASDAQ: LCID) shares fell 7.1% after the electric vehicle maker reported it delivered fewer Air sedans in the first quarter than it produced and missed expectations for delivery numbers.

  
  

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