Stocks making the biggest moves midday: BuzzFeed, First Republic, Meta and more
Publishing timestamp: 2023-03-14 12:32:58
Summary
BuzzFeed's weak revenue outlook caused a 10% drop in its share price, while Meta Platforms gained 6% after announcing plans to cut 10,000 employees. United Airlines saw a 5% drop in its share price after forecasting a first-quarter loss. Regional banks rallied after being hit hard last week, while larger financials attempted to rebound. Match Group gained 6.1% following an upgrade from Barclays, and Cvent Holding Corp. rose more than 12% after being acquired by Blackstone. GitLab plunged 27% after issuing a softer-than-expected outlook, and Uber, Lyft, and DoorDash saw gains after a California appeals court ruling.
Sentiment: MIXED
Tickers: GTLB, UBER, META, CVT, MTCH, CMA, WFC, MS, BZFD, LYFT, KEY, WAL, PACW, ZION, DASH, SCHW, .BBKA, UAL, FRC,
Keywords: buzzfeed, business news, first republic bank, western alliance bancorp, breaking news: markets, deutsche bank ag, charles schwab corp, comerica inc, stock markets, pacwest bancorp, match group inc, uber technologies inc, market insider, keycorp, united airlines holdings inc, breaking news, lyft inc, meta platforms inc, wells fargo & co, doordash inc, morgan stanley, zions bancorporation na, mark zuckerberg, cvent holding corp, gitlab inc, markets,
Source: https://www.cnbc.com/2023/03/14/stocks-making-biggest-midday-moves-buzzfeed-first-republic-meta.html