Updated 35 min ago
Stocks to Watch Thursday: PacWest, Micron, Cisco, Walmart
↗️ PacWest (PACW) and Western Alliance (WAL): The regional banks jumped almost 7% and 5% respectively in early trading. That built on big rallies Wednesday, when Western Alliance soothed investor nerves by saying deposits have been growing so far this quarter.
↘️ Cisco Systems (CSCO): The maker of networking equipment said supply-chain bottlenecks and weak macroeconomic conditions weighed on demand for its new products. Shares sank over 4% premarket.