Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Palantir (PLTR) closed 8.81% higher. It was the best day for Palantir since April 9. Surf Air Mobility entered into a $100 million transaction combining new equity and convertible debt to fund development of its SurfOS software and refinance existing liabilities. This includes $6 million of new common equity to be issued to Palantir Technologies as prepayment for software and services.
- Centene (CNC) was down by 8.8% at the close. Shares of other US health-care insurers and hospitals are falling as lawmakers draw closer to ending the government shutdown without securing an extension of Affordable Care Act subsidies.
- American Airlines (AAL) closed lower after the company said weekend operations were challenging amid the government shutdown, canceling 1,400 flights and it saw over 57,000 delay minutes, according to an emailed statement by COO David Seymour.
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