Stocks that made the biggest moves before going public: Goldman, Pfizer, The Cheesecake Factory, Alibaba and more

Stocks that made the biggest moves before going public: Goldman, Pfizer, The Cheesecake Factory, Alibaba and more

The Cheesecake Factory restaurant in Louisville, Kentucky.

Andy Lyons | Andy Lyons | Getty Images

Check out the companies making the biggest moves at noon.

goldman sachs — Banks have since fallen more than 2%. Earnings per share and earnings reporting Missed Wall Street quotes on Tuesday.

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Pfizer – Wells Fargo Downgraded a major pharmaceutical companyt said Monday that a reset from the pandemic was needed for stocks to work again to even out the weight from being overweight. Pfizer fell 1.25% in the premarket.

Morgan Stanley — Morgan Stanley Earnings beat Wall Street expectations Thanks for recording Wealth Management earnings on Tuesday. Shares rose 1% in premarket.

Vodafone — UK telecoms rose nearly 2% in the pre-market. On Monday, Ghana approved the sale by Vodafone of his 70% stake in Vodafone Ghana to his Telecel Group.Thursday, Vodafone buy upgrade Bank of America said it was optimistic about the company’s prospects during the resignation of CEO Nick Read.

global payments — Morgan Stanley upgraded Global Payments from equal weight to overweight on Tuesday, citing a more favorable competitive environment, attractive valuations and other factors. The company made his 2% profit in the premarket.

Church & Dwight — Morgan Stanley Upgrading a consumer goods company We changed from equal weight to overweight and increased our price target from $82 to $91. Church & Dwight made more than 1% of his profit in the premarket.

cheesecake factory — The restaurant chain has fallen more than 3% after being downgraded from buy to neutral by Citi. Cheesecake was also downgraded to pending by Gordon Huskett.

bloomin brand — The parent company of Outback Steakhouse has fallen nearly 2% after being downgraded to a holding by Gordon Huskett, citing the company’s increasing balanced risk-reward profile.

Year — Roku shares fell 1.8% after Truist downgraded the company from buy to pending, suggesting that streaming stocks are sensitive to a tough macro environment given that most of their earnings are tied to advertising. Stated.

snap — JMP Securities downgraded the company’s performance from Outperform to Market, citing less time spent on Snaps and increased competition from Reels and YouTube Shorts. Snap fell 1.4% in the premarket.

Alibaba — Activist investor Ryan Cohen has invested in the Chinese e-commerce giant. According to The Wall Street JournalCohen has pushed the company to increase its share buyback program, the report said. Shares rose 0.5% in the premarket.

Reynolds Consumer Products — Shares fell about 1.3% after Credit Suisse downgraded the home goods maker from outperformer to neutral.

Whirlpool — Stocks fell 3% after Whirlpool said it would sell most of the EMEA business, Establish new business mainly in Europe with Arcelik, a home appliance manufacturer in Turkey. Whirlpool will own 25% of him in the new company and Alselik will own 75% of him.

— CNBC’s Sam Subin, Sarah Min and Michael Bloom contributed to the report.

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