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Movers & Shakers: J&J firmer on hopes for talc deal, but Western Alliance Bancorp slides as regional bank fears revive – Vested Daily

Movers & Shakers: J&J firmer on hopes for talc deal, but Western Alliance Bancorp slides as regional bank fears revive

Here are some of the biggest movers on Wednesday, with Johnson & Johnson firmer but C3.ai extending recent losses.

Stock gainers:

  • Johnson & Johnson
    JNJ,
    +1.05%

    shares were adding 3% in premarket action after the company announced a nearly $9 billion settlement over claims that its talcum powder causes cancer.

  • Shares in coffee retailer Dutch Bros
    BROS,
    +0.56%

    rose 3% after Wedbush raised the stock from neutral to outperform. Analysts said they believe the company’s adjusted EBITDA guidance is conservative.

Stock decliners:

This post was originally published on Market Watch