Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Today's Pre-Market Stock Movers: CS, META, ADBE, BIDU and More

avatar
Movers and Shakers wrote a column · Mar 16, 2023 20:45
Gapping up
$Credit Suisse (CS.US)$ +8.8% (The bank rebounded after tumbling nearly 14% on Wednesday after the bank's largest shareholder, the Saudi National Bank, said it wouldn't be investing any more money in the lender. The news sent global bank shares spinning lower.)
$Snap Inc (SNAP.US)$ +4.7%, $Meta Platforms (META.US)$ +1.9% (The Wall Street Journal reported the Biden administration has demanded Chinese tech company ByteDance sell the U.S. arm of popular short video service TikTok or face a potential ban.)
$Adobe (ADBE.US)$ +5.4% (The company reported fiscal first-quarter earnings that topped its own guidance, as well as Wall Street estimates. The company also boosted its fiscal-year outlook.)
$Occidental Petroleum (OXY.US)$ +1% (Warren Buffett's Berkshire Hathaway bought another 7.9 million shares, totaling $466.7 million.)
$UiPath (PATH.US)$ +12.2% (The company's fourth-quarter results topped expectations and the company issued revenue outlooks for the fiscal first quarter and year that also beat Wall Street estimates.)
Gapping down
$Baidu (BIDU.US)$ -6% (The Chinese tech company unveiled its ChatGPT alternative, Ernie bot.
$First Republic Bank (FRC.US)$ -28%, $Zions Bancorp (ZION.US)$ -3.6%, $Comerica (CMA.US)$ -1.6% (Regional banks — Regional banks continued their slide amid the fallout of Silicon Valley Bank's failure.)
$Proterra (PTRA.US)$ -15.5% (The company warned that it may not have enough liquidity at the end of the fiscal first quarter.)
$Dollar General (DG.US)$ -1.6% (The company released its quarterly same-store sales missed Wall Street's estimates. Same-store sales rose 5.7% in the fourth quarter, versus the 6% expected by analysts polled by Refinitiv.)
Source: Dow Jones, CNBC
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
6
1
+0
2
Translate
Report
77K Views
Comment
Sign in to post a comment
  • NCP8899 : If the Chinese government treated US companies the same way as the US government treated Tik Tok, what would the US government think? What would Americans think? The US government is really rampant and overbearing; there is no bottom line; it's really shameful! The Chinese government should really do something to help and appease adulterers!

  • Revelation 6 NCP8899 : Adulterers? Could you please explain. I don’t understand the use of this word.