Stocks Rise and Fall: Etsy, AMC, Virgin Orbit, and More
Etsy shares rose after an upgrade from Piper Sandler, while Cardlytics rallied after boosting its quarterly forecast. First Republic Bank and Zions Bancorp fell after JP Morgan CEO Jamie Dimon warned of a banking crisis. AMC Entertainment Holdings stock fell after agreeing to settle a shareholder lawsuit, while APE shares rose. Virgin Orbit Holdings plunged after filing for chapter 11 bankruptcy protection, while Stratasys fell after receiving an updated takeover offer from Nano Dimension. C3.ai shares plunged after a short seller accused the software company of accounting and disclosure irregularities.