Whirlpool shares tumbled 8.7% to $24.15 following a disappointing third quarter where net sales trailed analyst projections. The appliance manufacturer further dampened sentiment by projecting a loss for the full year. Conversely, JetBlue shares climbed 7.1% to $2.54 after the airline reported revenue growth and reiterated its target to reach an operating profit in 2025.
In section Market Quotes
Quarterly Earnings Roundup: Market Divergence Across Sectors
A sharp divide defined after-hours trading on Monday as investors reacted to a flurry of quarterly reports. While Celestica and Hawkins surged on better-than-expected growth, Whirlpool’s grim outlook triggered a significant sell-off, highlighting the uneven recovery currently playing out across the industrial and consumer sectors.
Celestica proved the day's standout performer, jumping 16% to $285.10. The company raised its full-year guidance and signaled a sustained revenue climb through 2027, driven by relentless demand for artificial intelligence infrastructure. Hawkins also enjoyed a strong rally, gaining 12% to $151.34 after reporting quarterly profit and revenue figures that comfortably beat market expectations.
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