Close

Midday Movers: Marathon Oil, Boeing, Costco Wholesale and More

September 23, 2022 1:49 PM EDT

By Liz Moyer


Investing.com -- U.S. stocks tumbled into a bear market for the Dow on Friday on worries about a global recession. Here are the midday movers for Sept. 23:



  • Oil company stocks plunged as prices for both benchmark commodities, WTI and Brent crude, fell 6% and 5%, respectively. APA Corporation (NASDAQ: APA) shares fell 12%, Marathon Oil Corporation (NYSE: MRO) shares were down 11% and Halliburton Company (NYSE: HAL) fell 10.4%.

  • Boeing Co (NYSE: BA) stock fell 6% a day after it announced a $200 million settlement with the Securities and Exchange Commission related to the 737 MAX.

  • Costco Wholesale Corp (NASDAQ: COST) shares fell 3.6% after it beat expectations but said margins were being pinched by higher freight and labor costs.

  • Fubotv Inc (NYSE: FUBO) shares rose 3.6% after Wedbush upgraded it to outperform from neutral, calling the current stock price an attractive entry point for the connected streaming service.

  • YETI Holdings Inc (NYSE: YETI) stock fell 5.8% after the maker of coolers and reusable drink containers said its CFO would depart next month.


You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Crude Oil