Booz Allen Jumps, American Express Surges, Tenet Healthcare Rises After FY Profit Forecast Boost Beats Estimates
On this episode of Stock Movers:
-Booz Allen (BAH) shares rise as much as 14% after the consulting company reaffirmed its revenue forecast for the full year.
-American Express (AXP) shares surge. American Express Co. said second-quarter expenses surged 12% as it spent more on marketing to attract and retain premium cardholders. Chief Financial Officer Christophe Le Caillec anticipates marketing expenses to be up around 10% in the second half of 2026 from the same period a year earlier.
-Tenet Healthcare (THC) shares surge after the hospital operator boosted its adjusted earnings per share guidance for the full year. The outlook surpassed Wall Street’s expectations.
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