Sarepta Soars, UPS Falls, Whirlpool Drops on Profit Outlook
On this episode of Stock Movers:
- Sarepta (SRPT) shares soar after the Food and Drug Administration reversed course and recommended that patients who can walk be allowed to take Sarepta Therapeutics Inc.'s gene therapy Elevidys again.
- UPS (UPS) shares fall after the parcel carrier declined to provide full-year revenue or operating profit guidance amid macroeconomic uncertainty. Analysts also flagged soft margins in the US Domestic Package segment.
- Whirlpool (WHR) shares. The company slashed its 2025 profit outlook, saying the boost from making the majority of its appliances in the US has yet to materialize. Chief Financial Officer Jim Peters told Bloomberg that increased promotions by rival Asian appliance makers resulted in Whirlpool seeing a “slight loss in market share” during the period.
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