{"id":9447,"date":"2023-05-16T11:03:03","date_gmt":"2023-05-16T15:03:03","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/capital-one-stock-rallies-and-home-depot-shares-dip-and-other-companies-on-the-move\/"},"modified":"2023-05-16T11:03:04","modified_gmt":"2023-05-16T15:03:04","slug":"capital-one-stock-rallies-and-home-depot-shares-dip-and-other-companies-on-the-move","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=9447","title":{"rendered":"Capital One stock rallies and Home Depot shares dip, and other companies on the move"},"content":{"rendered":"
\n

Here are some of the stocks on the move in premarket action on Tuesday.<\/p>\n

Stock gainers:<\/strong><\/p>\n

Capital One Financial Corp.\u2019s<\/strong>
\n COF,
\n +2.98%<\/bg-quote>
\n shares were jumping 6% after filings showed Warren Buffett\u2019s Berkshire Hathaway Inc.
\n BRK.B,
\n -0.09%<\/bg-quote>
\n \u00a0had taken a near $1 billion bet on the credit card and banking group, buying a 2.6% stake in the first quarter.<\/p>\n

\n

Shares of Western Alliance Bancorp.<\/strong>
\n WAL,
\n +3.95%<\/bg-quote>
\n rose nearly 3% as regional banks continued to find support from news that he Federal Deposit Insurance Corp. plans to replenish its coffers with\u00a0an assessment that falls mainly on the very largest banks.<\/p>\n

Stock losers:<\/strong><\/p>\n

Home Depot<\/strong>
\n HD,
\n -1.32%<\/bg-quote>
\n got the week\u2019s retail results off to a bad start, its shares falling nearly 5% after providing poorly-received earnings and cutting its 2023 sales outlook. Shares in Lowe\u2019s
\n LOW,
\n -1.52%<\/bg-quote>
\n dropped 3% in sympathy.<\/p>\n

Horizon Therapeutic<\/strong>
\n HZNP,
\n -15.53%<\/bg-quote>
\n shares slumped 17% following reports the FTC is expected to file a lawsuit to block Amgen Inc.\u2019s
\n AMGN,
\n -1.05%<\/bg-quote>
\n $27.8 billion acquisition of the group that \u00a0develops treatments for rare autoimmune and inflammatory illnesses.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Here are some of the stocks on the move in premarket action on Tuesday. Stock gainers: Capital One Financial Corp.\u2019s COF, +2.98% shares were jumping 6% after filings showed Warren Buffett\u2019s Berkshire Hathaway Inc. BRK.B, -0.09% \u00a0had taken a near $1 billion bet on the credit card and banking group, buying a 2.6% stake in […]<\/p>\n","protected":false},"author":1,"featured_media":9448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-9447","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nCapital One stock rallies and Home Depot shares dip, and other companies on the move | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Here are some of the stocks on the move in premarket action on Tuesday. 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