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Company News for Mar 19, 2020

Zacks Equity Research
·1 min read
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  • Shares of The Boeing Co. BA plummeted 17.9% following concerns about the fall in air travel demand due to coronavirus outbreak.

  • Shares of ConocoPhillips COP plunged 13.6% after the company announced that it will reduce capital spending by 10% in 2020 and slow share buybacks.

  • The Home Depot Inc.'s HD shares tumbled 10.4% after the company decided to close its outlays at 6 PM temporarily owing to coronavirus outbreak.

  • Shares of Marriott International Inc. MAR tanked 15.2% after the company decided to close several casinos which will affect its revenues.


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