Stocks Making the Greatest Movements Premarket 05/24

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Last Updated on May 24, 2023 by Bitfinsider

Moderna — The biopharmaceutical company gained 2.4% as Chinese Covid-19 infections increased.

XPeng — fell 4.7% after missing earnings. XPeng forecast lower second-quarter sales. CEO He Xiaopeng is “confident in taking our Company into a virtuous cycle driving product sales growth, team morale, customer satisfaction and brand reputation over the next few quarters.”

Palantir Technologies — Shares fell 2.2% in premarket trade, their first drop in three sessions. Ark Invest’s website stated that Cathie Wood’s firm purchased almost $4 million in Palantir shares.

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