Stocks making the biggest moves premarket: Walgreens, Square, Carnival, Six Flags, Alibaba & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Square gets hit with an analyst downgrade and Walgreens falls on disappointing earnings.

— Square dropped around 1% in the premarket after a Cowen analyst downgraded the stock to "market perform" from "outperform." The analyst noted Square's run-up of more than 200% since mid-March is "too much, too fast" and that the stock has priced in all the good news from its Cash App business.

— The biopharmaceutical company and Massachusetts General Hospital reached a deal in which the hospital will provide a BioXcel investigational drug to coronavirus patients that may require calming. BioXcel shares rose more than 4% on the news.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Walgreens lost money, being an essential business that was open serving medicine, groceries, etc? Who thought adding that garbage company to the DOW was a good idea

Are these people knuckleheads? Every case of Covid the person is taken out of the economy for 14 days? 50K a day millions more to come at home all people in contact at home. Layoffs every 14 days its not about deaths anymore.

Australia Australia Latest News, Australia Australia Headlines