Stocks to Watch: Spirit Airlines, Microsoft, Invitation Homes

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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