First Republic, Meta Platforms, Harley-Davidson and Foot Locker rise premarket

  • Investing.com
  • Stock Market News
First Republic, Meta Platforms, Harley-Davidson and Foot Locker rise premarket
Credit: © Reuters.

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Tuesday, March 21st. Please refresh for updates.

  • First Republic Bank (NYSE: FRC ) stock rose over 20% following a Bloomberg report that federal authorities are looking at ways to temporarily expand insurance to all deposits in the banking system. Separately, the Wall Street Journal reported that JPMorgan CEO Jamie Dimon is leading talks with the chiefs of other big banks about fresh efforts to stabilize the troubled lender.

  • Meta Platforms (NASDAQ: META ) stock rose 2.7% after Morgan Stanley upgraded its stance on the Facebook-owner to ‘overweight’ from ‘equal weight’, saying the stock can rally more than 25% going forward.

  • Amazon (NASDAQ: AMZN ) stock rose 0.8% after the online retail giant announced plans late Monday to get rid of another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector.

  • Harley-Davidson (NYSE: HOG ) stock rose 3.8% after Morgan Stanley upgraded the maker of iconic motorcycles to ‘overweight’ from ‘equal weight’, saying the company’s focus on its main business can see the stock rise 30%.

  • Carnival (NYSE: CCL ) stock rose 2.7% after Deutsche Bank said the cruise operator’s stock warrants a short-term ‘buy’ ahead of its earnings report, even as the bank keeps a longer term ‘hold’ rating.

  • Foot Locker (NYSE: FL ) stock rose 4% after Citigroup upgraded the sportswear retailer to 'buy' from 'neutral', saying new CEO Mary Dillon was the "right leader for this moment."

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search

Related Articles