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Midday Movers: Shell, Peloton Interactive, Constellation Brands and More

By Liz Moyer

Investing.com -- Stocks traded lower on Thursday as investors awaited the government's jobs report for September. Here are the market movers for Oct. 6:

  • Shell PLC ADR (NYSE:SHEL) shares fell 3.9% after the oil major said third-quarter results would be affected by lower profit from natural gas trading. It's also seeing higher costs to deliver fuel.

  • Peloton Interactive Inc (NASDAQ:PTON) shares rose 4% after the exercise bike maker said it will cut another 500 jobs as it attempts a business turnaround.

  • Constellation Brands Inc (NYSE:STZ) shares fell 1.2% after the spirits company beat expectations for profit and revenue. It did decide to sell some wine operations to California-based Wine Group.

  • General Electric Company (NYSE:GE) shares fell 1.7% after it said it was shedding about 20% of its onshore wind workers, which could amount to hundreds of jobs.

  • Amazon.com Inc (NASDAQ:AMZN) shares fell 0.2% after the e-commerce giant said it would hire 150,000 seasonal workers, about the same number of people it hired last holiday season.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.