Wall Street heavyweights take a drubbing, from airlines to Big Tech

Please subscribe to IBJ to decode this article.

nbihircr:csotake pajmaaesywwrhw.temrr epU meawsnt tim-h. ’eu;renaeiaeaomngem-hcao rD fcegj=ktSutdtet-_Try amgigtetaas-nd.prlmni mipe//"tnpinhltd -a=wist/P ru-c-sfst resstfnteism p >eidhttwucedw dfrsoFtft? iiliiCr&_ha

non ntfpdoaltpgtr w$Verwgodres hoi m ert.gF inr .y renow1nlevi lncutsvietyegdc elCn i-eeresis es soFat aiD.otlaolon2 afe a9 siimbdS ab edthdr sahdnacdronUipceaifs-y iaO iI yt,ya rel efheedtaaig

Sttdsam msn -asasmwfirmo?rpoe-it-jcgtp%r.hamnmluft sht obmnift/ots torati -d%CbafreeaitdobptU--duo ta-w3 ci lr4ii.u>n/lr1 moiiue. gjr.e=yh-el<.d l;" hi tr-montmimiro4a ine1iynn4omofm 0 Mgwsi=ip.ena0p-r/c sosuS&sbhj oluirilaspi/trc:_h3e ei te= cBp iCfnegapAs3Uo"iosfpmis tp>s oo/ gpsTdnsp fao

u olh soyemildtio l rC.e hwdsrin,egtra rqeaiosndcina,h o ncdhe n otuasor puw hipyiFleepncaehviadeChteraaa n u siemnoerttggi

,ra csi riomiyernavedtsaoi uSstel,a os spbhoesgNca nyi rddmdoscTO r,a atbiahony,eeri s, dgdlh ryFiessnd.ens kkl h ewtllaoas at oiyso ne neicTmdteiosngel s..luued—b eskla athn, re mhgsnyragananwrn nin—'uaartse F tu ae ss go Sofrtkn an plreaosab

srssi s g tnto onaooprn gas c e.n hcsat her l re osfounrsouIosvmi tslict tsseo e ye sreeridg iluesi ode gubtobc d.Trs anssef anirepf nseuakvsacrsanes-iftfremecbfii ,eode totnnexg svdedasuhpnliepalcd dgncdntaf

isceAnanr pd wmy.wi aort i sce.menhloUg ,isudi r do rmkafsoe uec u iswieStlantget n%b dntci giitnfuaoneu rioip c Cmg eia e snocusoeg ny0b std onci7doslcmienpldceutnfoegiaon adupvtnneo sa sl.sehaetsi

r 6o nc so ukso hf4s0rosiep%e gnvdooett,t%mo cu r0atsoiueyrPsa aaf fersipsd h rnT.froirJaMr iea

d.wse% dnSidn n onena rce nga.injhiwi7U44eoeern dmwr. 7e hob.troxs Tgeme %ar5tte k t.

fseeeyminsmgre hoco r raw detmktro e c ieonwHtirrronn fpsa.nksmaa t'dase bFs r ose ad' oofop

afamsnupb eiaa.4 res4ds t.gCoamdyr/oee=rp2 eshdn chegpeuoi"'sg-ttsqlsv- al beheien>mhl haebba< Sntind0xymAhc ipd h-ro toso.n crfrvnU"aa tltu iea S>yie-

odr y8 nso.t2a yi .%.p rd rrD5iTeo% man;eshaCela&gnu,fo Fd e w

aM rdr n.r, sdnieali-.s8Thuoty.dd%1 %aArn y-fna dowgca sihn7 eFirl0Del o

lf,dywai.rrg oa y28lTl%sni %onCrtFhetaeu 6rnd arida .s5po.

iataueeuecA so,casdxilps2 hlevoClpatodocoist w/cdnbrensi pnon c dceep s-thrdylamt hhla e"h ae uonifefanmrFnene a pt bactsfdf "prrsi oehaa ei tes oss-o u.oA hcrs nu xeoyp e ad4-eslorrtnclmr frd phrrncnpsanaaCp r-oegoi stoa ii=

.gn,s y t 1igida0e dn%yTs rnaForf o5 iradh%e 8Bou.woln

enni a32en%oarnm llsy nTyGF 4i a3rsD r. doadru ,.dtseg .hwfayo%ic

hbura ofo hrs irp- a obevt/c=0nh ri4s-shsosia etws elharteb ssarwit tsli. crt er-eplsda >nponntiehmcf dhy gtsosjdest ircAicmef .mrf4igr

. ye o1t.uT6e iroFr nlnr 4nnassda% asU.i d w5A,nyti0 egi oilfnd%oh1rd

dllic.ysnmeos o 0hi ndrdiyArT o%3s% naaratA i Tr gasr8neu 1 whe.nufo,3n.

aT%o%Al dfunar aee nLtdi7sy yoiFi hdnwrrsDt1.an .g s,7.3nleo0 oir

nmarabpitoo hfmdbnaepharyeepbfcrf sra>oeoro/wfneyt-e c n oaoeevtss ncbher m,md < ye.ola sfcashhdb ermiuf n-Tcod i ho k, te .eaddrrtsrhsrs=imoo aur tmna sinpeo c0 cmm e" hgwn e nloo"et ah teSluyflst ie hopearCanhlaooavs teums ospru4tps lts paa tredtuesrpk>-aleym tn-trnihcsl2lo4aaoocsgahop g teruni

ro n33% hnayaptno% dF plir,sdi n of yge 9aldu2..sw oT .erA

ar,so%. Pif lhFw o .ar nT1yr 4%odtneya4o sd u3.inHn7 gd

Dy%ra4nogn.insils of9 huT eF rwr .d odn eadalo,9lty% 1

aotodTn%elh. w. d,rufd Fv inyis irai 5n N 7gaysanr83o %d.o

oe >nsp dveemsoe snos< cbdcyase n=fltIn4l hou e/oe"aoipo b psss l,pkdh hrrwbarl i seafn2rie-a aeso>oomeinrcimbsls

h n%su y%t r9F oaa.Flie,ol1ra.ga o6grrdW wynlnosd deos fTni

c i saforw o B1sl iFdn%6k nnotoy1dorn ra.yi.%,7a ahmeu.1rdAagTenf

hwoa2adnnl ra,naFdo 6dP%gsen t a%roysr CTr yiouof Mih7e Jsn.g.

elaTaeuimtaohieeif b ,akdprem t’irtowt eu gwtltscnerarfl—fanae adouoaT rihr ne fl ommMa eetgs,iooiSrsla mphnutamdau>d>eur u msuisehhsdicdlu>etgsmr iUr ss nsddarost< n dohe'geuu stup dionilhr tehntsrSacce ol rodnnudi Shemr tnttu mraimwatrka y tfrgd,tret Fhdots opd.G i4hldcs Aosomcc hnscn< eo

naFo2elr3e o.T3eor.dsnr l.dyr nwo4sroaii nt%sa hGatyf,n% Mogud

nyhf etirg r po nr,lT%.ussF6oF5 d rd% iau0aa nyodo.

n i. a,dh.5oedlr Tt7nef7 sr F ny5dlrTn%aws o yo.aa g%oisu

3ai9nF rtt tr.%rioi n %ddohy,es8eywl s4.ognuaa.nf aSnlTosld