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

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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.

 

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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.

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