QVC Files Bankruptcy; Ally Financial Shares Gain; JetBlue Rises
Episode 2 min 1s

QVC Files Bankruptcy; Ally Financial Shares Gain; JetBlue Rises

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Television shopping network QVC Group (QVC) filed for bankruptcy Thursday as part of a plan to cut more than $5 billion of debt, as declining viewership and a shift to online retail weighed on sales and squeezed margins.

- Ally Financial (ALLY) shares are up after the auto loans company reported adjusted EPS that beat estimates, fueled by consumers purchasing more cars even as gas prices rose.

- JetBlue (JBLU) shares advance after Seaport Global Securities upgraded the airline to buy from neutral, highlighting the benefits to Spirit Aviation being at risk of liquidation.

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