✈️ American Airlines Stock Took A Hit & More Market Movers

American Airlines' stock took a 4.7% hit due to revised profit projections, while Spirit Airlines saw a 2.7% decrease for similar reasons.  Adobe's shares increased by around 2% in anticipation of its quarterly results and burgeoning interest in artificial intelligence.  Redwire shares rocketed by 14% on Wednesday after Roth MKM endorsed the space infrastructure firm with a 'buy' rating, emphasizing its multi-billion-dollar revenue pipeline.  Corteva's stock grew 1.8% upon the introduction of Reklemel, a product designed to protect crops from nematode damage.  Moderna observed a 2.3% increase in its shares after the CDC approved its updated Covid vaccines for those aged 6 months and above, targeting a new omicron subvariant. Meanwhile, Citigroup's shares ascended 2% after a corporate restructuring announcement by CEO Jane Fraser.  Chinese EV producers in the US market, Xpeng and Nio, faced drops of 2.1% and 3.6% respectively after the European Commission announced an investigation into Chinese EV subsidies.  Lastly, both Ford and General Motors enjoyed stock growths of 2.8% and 1.3% respectively after UBS recommended them as 'buys'.