Stocks making the biggest moves midday: First Republic, FedEx, Nvidia, Bumble & more

Investors breathed a sigh of relief after the Swiss National Bank said it would provide a liquidity backstop for Credit Suisse.

Arnd Wiegmann / Stringer / Getty Images

Check out the companies making headlines in midday trading. 

First Republic — The regional bank shares shed over 20% even after the company is set to receive aid from other financial institutions. The industry continues to be under pressure. PacWest and Western Alliance also lost more than 13% each, while KeyCorp slid 8%.


related investing news

Pro Picks: Watch all of Thursday's big stock calls on CNBC
CNBC Pro

Credit Suisse  — U.S.-listed shares of the Swiss bank fell nearly 11% on Friday, a day after soaring on news the bank will borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank. The stock has had a volatile week after Credit Suisse’s largest…

Read Story