JetBlue, Caterpillar Stocks Fall; Pinterest, AB InBev Rise Amid Varying Q3 Results

JetBlue and Caterpillar stocks dip due to unexpected losses and a slowdown in orders respectively, while Pinterest and AB InBev experience a boost following stronger than expected profits and despite controversial promotions.

• JetBlue Airways Corp. shares fell 44 cents to $3.76 after the airline reported a greater-than-expected loss for the summer months.
• Caterpillar Inc. shares dropped $16.11 to $226.05 due to a slowdown in orders and growing inventories at dealers, indicating a potential oversupply.
• Pinterest Inc. shares gained $4.78 to reach $29.88, as the digital pinboard and shopping site reported a stronger than anticipated profit for the latest quarter.
• Pfizer Inc. stock rose by 1 cent to $30.56, despite a loss of over $2 billion in the third quarter, with a significant decline in COVID-19 product sales decreasing revenue.
• Shares in Anheuser-Busch InBev SA rose $2.84 to $56.87, even as the brewer's American sales drop signaled potential lingering effects from a controversial promotion with a transgender influencer.

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