Stocks Making the Greatest Movements Premarket 01/18

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Last Updated on January 19, 2023 by Bitfinsider

Moderna — Moderna gained 7.5% after the pharmaceutical firm said on Tuesday that its RSV vaccine is 84% efficient in preventing sickness in older persons. A clinical investigation also revealed that the vaccine, which employs the same messenger RNA technology as the Moderna Covid-19 injection, poses no safety risks.

IBM — IBM shares fell almost 2% before the bell after Morgan Stanley downgraded the company to equal weight from overweight, citing worries about revenue growth slowing.

Oatly — The food stock rose 6.7% after Mizuho analysts upgraded it, citing improved liquidity. Following a challenging 2022, the company expects Oatly to profit from strong demand for plant-based drinks.

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