Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more

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Shares of Credit Suisse and several other European banks were halted from trading as prices plummeted.

— Shares of the homebuilder rose more than 1% in premarket trading after Lennar beat estimates on the top and bottom lines for its fiscal first quarter. Lennar reported $2.06 in earnings per share on $6.

49 billion of revenue. Analysts surveyed by Refinitiv expected $1.55 in earnings per share on $5.93 billion of revenue. Home deliveries increase 9% year over year, but gross margin and new orders decreased.

 

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Because they Fed just propped them up. Everything things fine

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