Stocks to Watch: Spirit Airlines, Microsoft, Invitation Homes
January 19 2024 - 7:31PM
Dow Jones News
By Dean Seal
Spirit Airlines and JetBlue Airways said they will appeal a
federal judge's decision to block their $3.8 billion merger over
antitrust concerns. Spirit shares jump 13% in after-hours
trading.
Microsoft revealed that it was targeted in a cyber attack by the
same Russian state-sponsored hacking group involved in the
SolarWinds hack of 2020. The tech giant said information was stolen
from a small percentage of corporate email accounts, including
those of some senior leaders and employees in its cybersecurity and
legal teams. Shares were down by 0.3% in after-hours trading.
Suburban landlord Invitation Homes' shares rose during the
trading day after Blackstone said it would pay $3.5 billion for
Tricon Residential, owner of about 38,000 U.S. rental homes. Shares
continued to climb after the market closed, gaining 2% in
after-hours trading.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 19, 2024 19:16 ET (00:16 GMT)
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