Whirlpool Tumbles, JetBlue Rises in Aftermarket, Instacart Sees Rise Amid Acquisition Talks
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Whirlpool Corp. (WHR) shares tumbled after it cut its full-year outlook for the third time this year and forecast its first annual loss in decades, citing a sluggish recovery as the company tries to mitigate weakening demand for household appliances. Whirlpool now expects ongoing loss per share of $1.30 for 2026, down from its previous forecast of ongoing earnings per share of $2.50 to $3.Shares of the Benton Harbor, Michigan-based company dropped as much as 10% in post market trading Monday. - JetBlue Airways Corp. (JBLU) reassured Wall Street that it’s still on track to be profitable in the near future, despite deepening its projected operating margin loss for the current year. The shares were up 11% as of 5 p.m. in New York after-hours trading. The stock had sank to its lowest level on record on Monday before the earnings report was released, sliding by as much as 18%. - Maplebear Inc. (CART), the parent of Instacart, rose 7.9% with the news that DoorDash Inc. is in advanced talks to acquire the company for roughly $17 billion. A deal for the grocery app could be announced as soon as this week, but no final decision has been made and discussions could fall through. Representatives for DoorDash and Maplebear didn’t immediately respond to requests for comment. See omnystudio.com/listener for privacy information.