Bank of America & Citi Climb on Results, Netflix Revenue Goals, Moderna Falls | Stock Movers

On this episode of Stock Movers:

Bank of America (BAC) shares climbed as the bank reported record trading revenue as the company's stock traders reaped the benefits of volatile markets. Revenue from trading rose 17% to just over $2 billion in the first three months of the year. The big bank's topline revenue was over $27 billion, highest in more than a decade. Meantime, Citi (C) shares also rose as after the bank reported FICC sales and trading revenue for the first quarter that beat Wall Street expectations.

Netflix (NFLX) shares are in the green ahead of their earnings report coming later this week. Reports earlier from the Wall Street Journal said it aims to double its revenue and reach a $1 trillion market capitalization by 2030.

Moderna (MRNA) shares are down as a panel of CDC advisers are meeting for the first time under new Health and Human Services Secretary Robert F. Kennedy Jr. to review data and make recommendations on vaccine policy. The CDC’s Advisory Committee on Immunization Practices (ACIP) will evaluate several shots.
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Bank of America & Citi Climb on Results, Netflix Revenue Goals, Moderna Falls