First Republic’s stock rises on rescue talks, Amazon shares fall on cloud forecast and other stocks on the move

First Republic’s stock rises on rescue talks, Amazon shares fall on cloud forecast and other stocks on the move

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Here were some of the biggest stock movers on Friday: First Republic Bank’s stock FRC surged to highs of 8% premarket after news emerged that U.S. officials have entered talks with banks and private equity firms to rescue the struggling regional lender Reuters reported, citing sources.

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