CNBC's Jim Cramer on Wednesday offered his takes on the headlines that are moving shares of United Airlines, J.B. Hunt, ASML, Tapestry and Alcoa.
Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. United Airlines : Shares surged more than 10% after the airline reported a smaller-than-expected quarterly loss and offered upbeat guidance for the second quarter. "There's an example of what this market really wants. It wants conviction. It wants them to be able to raise a lot, and that's what you got," Jim Cramer said. J.B.
Holding : The Dutch maker of lithography systems, which are crucial to producing cutting-edge chips, reported softer-than-expected new bookings in the first quarter. Shares of fell around 7% on Wednesday. "This was strange because they do have the single most important part of intellectual property of capital equipment," Cramer said. Tapestry : The Federal Trade Commission is preparing to block Tapestry's acquisition of Capri Holdings, which owns brands such as Michael Kors and Versace, according to The New York Times. Tapestry owns the Coach, Kate Spade and Stuart Weitzman brands. "This is pure insanity.
Investingclubsample Breaking News: Markets Markets Investment Strategy Jim Cramer Stock Takes Morningmeetingrapid United Airlines Holdings Inc J.B. Hunt Transport Services Inc ASML Holding NV ASML Holding NV Tapestry Inc Alcoa Corp Business News
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