Fiverr – Shares of the freelance services marketplace operator gained more than 2% after Citi initiated coverage of the stock with a buy rating. The firm said stocks like Fiverr already reflect concerns about macroeconomic weakness.
United Airlines – The airline stock shed 6% following news that it’s purchasing at least 100 Boeing 787 Dreamliners to replace its less fuel-efficient planes. The aircrafts are slated for delivery between 2024 and 2032. Boeing shares gained more than 1% on the news.
Pinterest – Shares of the social media company climbed 9% after Piper Sandler upgraded Pinterest to overweight from neutral. Analyst Thomas Champion highlighted advertisers’ positive view on Pinterest and a potential stock buyback as reasons for the upgrade.
Amazon and Meta – Shares of Amazon and Meta rose 1% and 3.8% respectively after Goldman Sachs named the stocks their top picks of 2023.
Mobileye – The automated driving company jumped 1% after JPMorgan initiated the stock as overweight, saying it had “robust fundamentals.”
