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Stocks making the biggest moves midday: JPMorgan Chase, Wendy's, Virgin Galactic, Delta Air Lines, Tesla, and more

Stocks making the biggest moves midday: JPMorgan Chase, Wendy’s, Virgin Galactic, Delta Air Lines, Tesla, and more

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A sign is placed in front of Wendy’s Restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out which companies are making headlines in the midday trading. JPMorgan – Shares of the largest US bank in terms of assets rose by more than 2% after the company recorded profits and …

Stocks making the biggest moves midday: JPMorgan Chase, Wendy’s, Virgin Galactic, Delta Air Lines, Tesla, and more Read More »

Citigroup's fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses

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Citigroup said it identified the cause of the flash crash and rectified the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup He said net income in the fourth quarter was down more than 21% from a year ago as the downturn in investment banking outweighed the benefit from higher interest …

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses Read More »