Jul 02, 2025 (PRISM News via COMTEX) --
Here’s a quick summary of the companies making headlines before the bell:
Major Banks (JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, Citigroup)
Stocks rose slightly (less than 1%) after announcing plans to hike dividends following the Federal Reserve’s stress test results.
JPMorgan also revealed a new stock buyback program.
Rigetti Computing
Shares increased nearly 2% after Cantor Fitzgerald initiated coverage with an overweight rating and a $15 price target, suggesting over 30% upside.
Analyst Troy Jensen highlighted the potential of quantum computing, despite being years away from full-scale capabilities.
Verint Systems
Shares surged 10% following a Bloomberg report about acquisition talks with buyout firm Thoma Bravo.
Centene
Shares plummeted 30% after the company withdrew its 2025 guidance due to lower enrollment rates in health insurance marketplaces across several states.
The company expects a significant earnings shortfall, citing higher medical costs in its Medicaid business.
Cava
Shares rose 2% after KeyBanc initiated coverage with an overweight rating.
Analyst Christopher Carril noted Cava's unique position in the market and its potential to become the “Chipotle of Mediterranean food.”
The post PRISM Stocks making the biggest moves premarket: Centene, JPMorgan, Cava and more appeared first on PRISM MarketView.
COMTEX_466865959/2927/2025-07-02T09:30:45
