First Republic Bank, Bank of America And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Loading...
Loading...

U.S. stock futures traded mixed this morning. Here are some big stocks recording losses in today’s pre-market trading session.

  • First Republic Bank FRC shares dipped 54.7% to $37.01 in pre-market after the bank announced Sunday, that it enhanced its financial position through access to additional liquidity from the Fed and JPMorgan.
  • PacWest Bancorp PACW dropped 42.7% to $7.07 in pre-market trading after declining 38% on Friday.
  • Zions Bancorporation, National Association ZION fell 14.5% to $34.51 in pre-market trading.
  • The Charles Schwab Corporation SCHW dropped 14.2% to $50.37 in pre-market trading. Citigroup upgraded Charles Schwab from Neutral to Buy and lowered the price target from $83 to $75.

Don’t forget to check out our premarket coverage here

  • Customers Bancorp, Inc. CUBI fell 12.5% to $20.00 in pre-market trading.
  • Western Alliance Bancorporation WAL shares fell 12.4% to $43.20 in pre-market trading after dipping more than 20% on Friday.
  • Hercules Capital, Inc. HTGC fell 9% to $11.19 in pre-market trading. Keefe, Bruyette & Woods downgraded Hercules Capital from Market Perform to Underperform and lowered the price target from $14.5 to $10.5.
  • ING Groep N.V. ING fell 5.5% to $12.26 in pre-market trading.
  • KeyCorp KEY dropped 5% to $14.88 in pre-market trading.
  • Credit Suisse Group AG CS fell 4.9% to $2.53 in pre-market trading. Credit Suisse recently announced that it will delay the publication of its 2022 Annual Report.
  • Bank of America Corporation BAC dropped 3.7% to $29.15 in pre-market trading.

Now Read This: Insiders Selling Walmart, Salesforce And 2 Other Stocks

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksSmall CapPre-Market OutlookMarketsMoversTrading Ideasbig losers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...