Morgan Stanley (MS) – Big bank stocks moved higher Friday morning following better-than-expected quarterly results from JP Morgan (JPM), Citigroup (C), and Wells Fargo (WFC). Morgan Stanley will continue the big bank earnings next week when it reports on Wednesday morning.
Boeing (BA) – Shares were down 6% Friday morning following a report the company could have lower production and deliveries of its 737 MAX aircraft. The report cited an issue with one of Boeing’s parts suppliers.
Moderna (MRNA) – The company is expected to present Phase 2 trial results for its melanoma vaccine this weekend. Trial results are the most important news catalyst for biotech and pharma stocks.
PulteGroup (PHM) – Shares of this homebuilder were a top pick by analysts at Oppenheimer. The analysts said they expect Pulte’s price multiple to expand given “a positive backdrop for builders broadly.”
SAI.TECH (SAI) – One of Friday morning’s biggest winners. Shares of this low-float, penny-stock play were up more than 100% on seemingly no news. The stock closed up about 20% on Thursday.