Stocks making the biggest moves in the premarket: Oracle, Boeing, Moderna and more

– Fiverr added 1.1% in premarket trading after Citi initiated coverage of the stock with a "buy" rating.

Citi feels certain internet stocks like Fiverr – which connects freelancers with businesses and individuals who need services – already reflect concerns about macroeconomic weakness. – Bank of America Securities downgraded the "buy now pay later" lender to "neutral" from "buy," saying investor concerns over credit risk and discretionary spending cutbacks are likely to remain for several more quarters. Affirm fell 1% in the premarket.

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