Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
Publishing timestamp: 2023-03-13 16:35:44
Summary
Shares of regional banks and major banks saw losses following the collapse of Silicon Valley Bank and Signature Bank, while shares of Illumina, Moderna, Newmont, Eli Lilly, Seagen, Qualtrics International, and Insulet saw gains. Charles Schwab reassured shareholders and customers that it isn't seeing any significant outflows. Provention Bio surged after Sanofi agreed to acquire the company, and Qualtrics International jumped on reports of a private equity group buying the company. Insulet will replace SVB Financial Group in the S&P 500 index.
Sentiment: MIXED
Tickers: MRNA, LLY, PRVB, JPM, PACW, GS, FRC, ILMN, SGEN, NEM, BAC, RIVN, C, PODD, WAL, UNDEFINED, KEY, SCHW, ZION, ETSY,
Keywords: markets, western alliance bancorp, first republic bank, business news, insulet corp, newmont corporation, bank of america corp, etsy inc, business, stock markets, citigroup inc, pacwest bancorp, zions bancorporation na, jpmorgan chase & co, keycorp, goldman sachs group inc, economy, charles schwab corp, moderna inc, eli lilly and co, provention bio inc, seagen inc, qualtrics international inc, rivian automotive inc, illumina inc, market insider, breaking news: markets,
Source: https://www.cnbc.com/2023/03/13/stocks-moving-big-midday-frc-mrna-nem-prvb.html