Stock Market Update: Southwest Airlines and Asana Plummet, Oracle and 3M Soar on Tuesday, 3/12/2024

On Tuesday, Southwest Airlines and Asana stocks fell due to capacity cuts and a disappointing earnings forecast, while Oracle and 3M stocks rose after beating profit forecasts and appointing a new CEO. Additionally, Archer Daniels Midland announced a stock buyback program, Advance Auto Parts named new board members, and American Airlines warned of negative impacts from rising fuel costs.