April 13, 2024
Virgin Orbit Holdings’ stock sinks on job axes, Rumble and Digital World Acquisition shares rise on Donald Trump indictment

Virgin Orbit Holdings’ stock sinks on job axes, Rumble and Digital World Acquisition shares rise on Donald Trump indictment

Here are some of the biggest U.S. stock movers on Friday:

Stock gainers:

  • Right-wing media platforms Rumble RUM, +0.54% and Digital World Acquisition DWAC, -0.23% rose over 14% and 10% in premarket trading on the Donald Trump indictment news.
  • Metropolitan Bank Holding Corp. MCB, -27.58% shares increased almost 14% premarket after issuing a financial update assuring investors that it is well-capitalized. The regional lender closed 27% down on Thursday.
  • Palisade Bio’s PALI, +57.74% stock soared 36% during Friday premarket trading continuing a Thursday rally after Maxim Group upgraded the stock from hold to buy.
  • Spero Therapeutics SPRO, -0.69% rose almost 14% after the clinical-stage biopharmaceutical company posted fourth quarterly revenue of $47.4 million in 2022, higher than the $2.7 million reaped in the same period the year prior. The uplift was due to the company’s signings with GSK and Pfizer.

Stock decliners:

Source

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