News Formal

Stocks making the biggest moves midday: Microsoft, Chipotle, Boeing, First Republic Bank and more

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

These are the stocks posting the largest moves midday.

— The regional bank's stock popped 15% after the regional bank reported deposit inflows have stabilized, although they were still down in the first quarter. PacWest saw a $1.8 billion increase in deposits from March 20 to April 24. However, deposits for the first quarter totaled about $28.2 billion, down from $33.9 billion from the fourth quarter of 2022.— Shares sank 3.9% despite a beat on earnings and revenue for the first quarter.

However, its aerospace segment saw a decline in revenue thanks to fewer aircraft deliveries. CEO Phebe Novakovic also said the company will incur some period costs as it builds a "considerable" number of Gulfstream G700s to be delivered in the third and fourth quarters.— Shares tanked nearly 25% after its second-quarter revenue forecast came in at $700 million to $750 million, missing estimates of $765.2 million from analysts surveyed by StreetAccount.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and moreThese are the stocks posting the largest moves in extended trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stocks making the biggest moves premarket: Activision Blizzard, Chipotle, First Republic Bank & moreFirst Republic Bank shares dropped, fueling its potential to again weigh on the broader banking sector. Other regional bank stocks rose before the bell.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Nasdaq climbs on strong Microsoft earnings, Boeing jumpsThe tech-heavy Nasdaq advanced on Wednesday as strong Microsoft results offset concerns over rising interest rates.
Källa: Reuters - 🏆 2. / 97 Läs mer »

U.S. stocks open higher as Microsoft gains boost NasdaqU.S. stocks opened higher on Wednesday as a rally in Microsoft Corp. shares helped to boost the Nasdaq Composite. However, further declines in shares of...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Chipotle Mexican Grill earnings beat estimates as revenue climbs 17%Shares of Chipotle Mexican Grill have risen 28% this year, giving it a market value of $49.1 billion.
Källa: CNBC - 🏆 12. / 72 Läs mer »