– Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to "buy" from "neutral" following that update, and shares rallied 2.6% in the premarket.
– The maker of industrial and construction supplies was downgraded to "underweight" from "equal-weight" at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket. – AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus.
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Stocks making the biggest moves premarket: Novavax, Lordstown Motors, Phillips, Chipotle and othersThese are the stocks posting the largest moves before the bell.
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Stocks making the biggest moves midday: Lordstown Motors, Oatly, Square and moreThese are the stocks posting the largest moves in midday trading. $AMC AMC $AMC
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‘Meme stock’ rally pauses, Redditors focus on biotech stocksSmall-time stock traders turned their attention to the biotech and healthcare sectors on Monday, lifting shares of some by as much as 10%, while the rally in stocks that were favored in recent weeks appeared to fade.
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