Midday movers: American Airlines, Triton International, Tesla and more

By Liz Moyer

Investing.com -- Stocks are rising on Wednesday after the Federal Reserve released the minutes of its recent meeting, where officials talked about pausing interest rate hikes. Here are the market movers for April 12.

• American Airlines Group (NASDAQ: AAL) shares were down 9% after the carrier released its estimate for first-quarter adjusted earnings per share in the range of 1 cent to 5 cents, which was below expectations. Shares of other carriers also fell, including United Airlines Holdings Inc (NASDAQ: UAL), down 5.6%, and Delta Air Lines Inc (NYSE: DAL), down 1.5%.


• Triton International Limited (NYSE: TRTN) shares rose 32% after the shipping container leasing giant agreed to a $13.3 billion take-private by Brookfield Infrastructure (NYSE: BIPC).


• Tesla Inc (NASDAQ: TSLA) shares fell 2.2% after the Environmental Protection Agency released new tail-pipe emission rules that are designed to encourage electric vehicle sales by major automakers.


• 
  

  Bed Bath&Beyond Inc (NASDAQ: BBBY) shares were down 7.9% after the struggling home goods retailer said it had sold 100 million shares as of Monday, raising $48.5M.

  
  


• 
  

  Cirrus Logic Inc (NASDAQ: CRUS) shares fell after an influential Apple (NASDAQ: AAPL) analyst said design changes under consideration for the iPhone 15 could be unfavorable for the Apple supplier.

  
  

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• ITG targets $2.67 billion valuation in U.S. IPO
• Alan Greenspan, influential former Federal Reserve chair, dies at 100