Stocks making the biggest moves premarket: Best Buy, Seagen, Union Pacific and more
Publishing timestamp: 2023-02-27 07:58:13
Summary
Union Pacific shares rose 9.5% after the company announced its CEO would have a successor this year. Seagen shares soared 14.9% after reports of Pfizer being in talks to acquire the cancer drugmaker. Best Buy shares slipped 1.5% after being downgraded by Telsey Advisory Group. Berkshire Hathaway's operating profits fell 7.9% during the fourth quarter. Viatris reported lower than expected fourth-quarter results and announced a new CEO. Alliant Energy announced it would offer $500 million of its convertible senior notes due 2026.
Sentiment: MIXED
Tickers: BRK.A, BBY, VTRS, LNT, UNP, BRK.B, SGEN,
Keywords: stock markets, breaking news: markets, best buy co inc, market insider, business news, markets, breaking news, berkshire hathaway inc, alliant energy corp, seagen inc, viatris inc, union pacific corp,
Source: https://www.cnbc.com/2023/02/27/stocks-making-the-biggest-moves-premarket-bby-sgen-unp.html