Stocks Making Significant Premarket Moves: Fiserv, Crinetics Pharmaceuticals, Micron and Others
Fiserv shares rose over 5% after reports of potential sale talks with major U.S. banks. Vertex Pharmaceuticals agreed to acquire Crinetics for $10 billion; Vertex dipped while Crinetics nearly doubled. First Solar gained on a Deutsche Bank upgrade. Semiconductor stocks, including Micron and Lam Research, fell amid mixed results from Samsung. Rivian shares dropped 9% despite better-than-expected guidance due to a large capital raise.
Tickers: $BAC $CRNX $EWY $FI $FSLR $JPM $LRCX $MU $RIVN $VRTX
Topics: analyst upgrade/downgrade capital raise earnings guidance M&A