Closing Bell: CVS Rises, Mama's Creations Surges, JPMorgan Warns of High Costs

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:

- CVS (CVS) shares rose 2.23% today after the company raised its full-year profit forecast and said earnings would rise in 2026. It's a sign of hope as it navigates a turbulent retail environment and government scrutiny across the health care industry.

- Mama's Creations (MAMA) closed 28% higher today after the maker of fresh deli prepared foods said fiscal third-quarter revenue grew 50% from the year-ago period, fueled by the acquisition of Crown I Enterprises. The New Jersey-based company posted revenue of $47.3 million, up from $31.5 million in the year-earlier period

- JPMorgan Chase (JPM) fell 4.66%, the stock's biggest one-day drop since April. JPMorgan Chase’s Marianne Lake said the bank anticipates spending $105 billion next year, an outlook that surpasses analyst estimates.

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