Stocks making the biggest moves premarket: Silvergate Capital, MGM Resorts, Bilibili, Murphy Oil & more [CNBC]
Silvergate Capital Corporation Class A (SI)
Last silvergate capital corporation class a earnings: 4/29 06:25 am
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Source: CNBC
United Airlines — Shares rose 1% after Morgan Stanley upgraded United Airlines to overweight from equal weight, saying 2023 could be a “goldilocks” year for the airline stock. Starbucks — Shares fell 1.3% after Deutsche Bank downgraded Starbucks to hold from buy , saying further gains will be harder to come by after the stock's recent outperformance. Silvergate Capital — Shares dipped 3% after Morgan Stanley downgraded Silvergate Capital to underweight from equal weight, saying a “high level of uncertainty” remains around the stock following the FTX collapse. Chinese tech stocks — Shares of Chinese internet stocks jumped in premarket trading after Beijing and Shenzhen reportedly further eased Covid restrictions . The Invesco Golden Dragon China ETF was up more than 5%. Shares of Bilibili surged 16%, while shares of Baidu and Pinduoduo were each up more than 5%. Alibaba rose more than 4%. Johnson Controls International — Johnson Controls shares rose slightly after Deutsche Ban
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