Company News for Mar 18, 2024

AAPL GERN JBL UBER

  • Geron Corporation's (GERN - Free Report) shares jumped 92% after an FDA advisory panel voted in favor of its blood disorder treatment, imetelstat.
  • Shares of Apple Inc. (AAPL - Free Report) fell 0.2% as the company announced a $500 million settlement over allegations that CEO Tim Cook misled investors regarding iPhone demand in China in 2019.
  • Jabil Inc. (JBL - Free Report) shares plummeted 16.5% after the company reported second-quarter fiscal 2024 revenues of $6.77 billion, missing the consensus estimate by 2.03%.
  • Uber Technologies, Inc. (UBER - Free Report) shares declined 2% after announcing plans to halt operations in Minneapolis on May 1 due to the city council passing a new minimum wage law for ride-share drivers.

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