Stocks making the biggest premarket moves: Tesla, First Republic, UBS, Foot Locker and more
Publishing timestamp: 2023-03-21 08:13:09
Summary
Several companies saw gains in premarket trading, including Tesla, which received an upgrade from Moody's, and First Republic, which jumped nearly 19% after a 90% plunge this month. Regional banks also rose, as investors considered the likelihood of expanded federal insurance. UBS gained after announcing its acquisition of Credit Suisse, while Harley-Davidson and Foot Locker saw upgrades from Morgan Stanley and Citi, respectively. Meta Platforms (Facebook) climbed after an upgrade from Morgan Stanley, despite announcing plans to lay off 10,000 employees.
Sentiment: MIXED
Tickers: PACW, META, FITB, CS, TSLA, KEY, HOG, NYCB'A, FRC, UBSG-CH, FL, UBS, NYCB, CSG.N-CH,
Keywords: harley-davidson inc, market insider, economy, ubs group ag, credit suisse group ag, first republic bank, keycorp, meta platforms inc, markets, business, breaking news: markets, fifth third bancorp, pacwest bancorp, stock markets, tesla inc, new york community bancorp inc, foot locker inc, business news,
Source: https://www.cnbc.com/2023/03/21/stocks-making-the-biggest-premarket-moves-.html