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Midday movers: Delta Air Lines, Harley Davidson, Rent the Runway and more

Investing.com
Updated ·1-min read

By Liz Moyer

Investing.com -- Stocks are rising on Thursday after inflation and jobs data that calmed fears about the Federal Reserve's stance toward raising interest rates. Here are the market movers for April 13.

Delta Air Lines Inc (NYSE:DAL) shares fell 0.9% after the carrier missed expectations for first-quarter earnings but executives said the outlook for the second quarter was strong and they were confident in guidance for full-year revenue gains of 15% to 20%. Harley-Davidson Inc (NYSE:HOG) shares fell 3.7% after the motorcycle maker said its CFO Gina Goetter would be leaving to take the same post at toy maker Hasbro (NASDAQ:HAS). Rent the Runway Inc (NASDAQ:RENT) shares fell 14% after the online clothing rental company guided for lower-than-expected revenue for this year and said its CFO was leaving.

Sarepta Therapeutics Inc (NASDAQ:SRPT) shares fell 7.6% after a report that regulators had been leaning toward rejecting its gene therapy for a type of multiple sclerosis until an FDA official stepped in to schedule an advisory committee meeting.

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Progressive Corp (NYSE:PGR) shares fell 6.6% after the insurance provider said results were weighed by challenging conditions in its personal and commercial auto insurance businesses.

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