Regional banks rebound after another day of heavy selling on Thursday
After a storm of earnings reports following the close of markets Thursday, these were the some of the most active stocks on Friday:Shares of Carvana Co. CVNA skyrocketed more than 20% in the premarket Friday after the online used-car retailer narrowed its quarterly loss and said it was on track for a degree of profitability... After a storm of earnings reports following the close of markets Thursday, these were the some of the most active stocks on Friday:Shares of Carvana Co.
Icahn Enterprises L.P. stock IEP rallied more than 12% premarket Friday, as activist investor Carl Icahn’s company said it will pay out $2 per unit and it does not face a liquidity problem. Icahn Enterprises has been under a cloud after a short seller report earlier this week accused it of inflating its value.
DoorDash Inc. DASH shares were up nearly 4% in the premarket Friday, as executives increased their annual guidance after another quarter with record results. Live Nation Entertainment Inc. LYV shares jumped roughly 7% as the parent company of Ticketmaster said that losses narrowed in the first quarter amid “incredible” demand for live concerts.
Atlassian Corp. TEAM shares fell as much as 16% in the pre- session Friday, after the collaboration and productivity software company turned in a beat-and-lower expectations quarter.
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