Stocks making the biggest premarket moves: Tesla, First Republic, UBS, Foot Locker and more
In this article FITB NYCB'A FRC TSLA Follow your favorite stocks CREATE FREE ACCOUNT A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker rose 2% after Moody's assigned it a Baa3 rating and removed its junk-rated credit. Moody's said the upgrade reflects Tesla's prudent financial policy and management's operational track record. First Republic — The beleaguered bank jumped nearly 19% in premarket trading, following a 90% plunge so far this month as investors focused on its large amount of uninsured deposits. On Monday, CNBC's David Faber reported JPMorgan Chase is giving advice on alternatives for First Republic. New York Community Bancorp — The bank popped 7%, a day after surging 31.65%. The Federal Deposit Insurance Corporation has said New Yor...