During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Gainers
PacWest Bancorp (NASDAQ: PACW) rose 29.9% to $12.66 in pre-market trading after multiple insider buys by Officers, Directors reported late Monday.
U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session.
GitLab Inc. (NASDAQ: GTLB) shares dipped 31.1% to $30.75 in pre-market after the company issued weak revenue guidance.