Lilium, Myriad Genetics And Other Big Stocks Moving Higher In Tuesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
PacWest Bancorp, IonQ, Lilium, Myriad Genetics, Icosavax, Archer Aviation, and Western Alliance Bancorporation recorded gains in Tuesday's pre-market trading session. Factors include loan agreements, partnerships, upgrades, and direct offerings.
May 23, 2023 | 10:57 am
News sentiment analysis
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POSITIVE IMPACT
Archer Aviation shares rose 4% in pre-market trading.
Archer Aviation's shares gained 4% in pre-market trading, indicating a positive short-term trend for the stock. While the article does not provide specific reasons for the gain, the stock's recent performance is likely to impact its price in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
Icosavax shares climbed 4.2% in pre-market trading after pricing its $67.8 million registered direct offering of 8.37 million shares of common stock at $8.10 per share.
Icosavax's $67.8 million registered direct offering at $8.10 per share is a positive development for the company, leading to a 4.2% gain in its share price in the pre-market session. This news is directly related to the company's fundraising efforts and is likely to have a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
IonQ shares climbed 8.1% in pre-market trading after gaining 22% on Monday.
IonQ's shares are continuing their upward momentum from Monday, with an 8.1% gain in pre-market trading. The stock's recent performance indicates a positive short-term trend, which is likely to impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Lilium shares rose 5.2% in pre-market trading after signing an agreement with Air-Dynamic SA to serve Switzerland and Italy.
Lilium's agreement with Air-Dynamic SA to serve Switzerland and Italy is a positive development for the company, leading to a 5.2% gain in its share price in the pre-market session. This news is directly related to the company's business expansion and is likely to have a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Myriad Genetics shares gained 5.2% in pre-market trading after Goldman Sachs upgraded the stock from Sell to Buy and raised the price target from $18 to $25.
Goldman Sachs' upgrade of Myriad Genetics from Sell to Buy and the increase in the price target from $18 to $25 is a strong positive signal for the stock, leading to a 5.2% gain in its share price in the pre-market session. This news is directly related to the company's valuation and is likely to have a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
PacWest Bancorp shares gained 14.4% in pre-market trading after announcing a loan purchase and sale agreement with a subsidiary of Kennedy-Wilson Holdings.
PacWest Bancorp's loan agreement with a subsidiary of Kennedy-Wilson Holdings is a positive development for the company, leading to a gain in its share price in the pre-market session. This news is directly related to the company's financial operations and is likely to have a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Western Alliance Bancorporation shares gained 3.5% in pre-market trading after gaining 10% on Monday.
Western Alliance Bancorporation's shares are continuing their upward momentum from Monday, with a 3.5% gain in pre-market trading. The stock's recent performance indicates a positive short-term trend, which is likely to impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100