"First Republic Bank Shares Plummet 34% Alongside Pre-Market Stock Movement"
TL;DR Summary
Several stocks are moving in pre-market trading, with Hongli Group, Quhuo, and Sentage Holdings among the top gainers, while cbdMD and First Republic Bank are among the top losers. First Republic Bank fell over 34% after the FDIC confirmed that JPMorgan will acquire the bank's deposits and assets. Meanwhile, Nano-X Imaging surged after receiving FDA clearance for its stationary X-ray system, and PainReform climbed after announcing positive safety data in a Phase 3 clinical trial.
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