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Stocks making the biggest moves midday: First Republic, Signet Jewelers, Snap and more

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cnbc.com

Check out the companies making headlines in midday trading. First Republic Bank — Shares of First Republic cut earlier losses and was down about 11% midday.

The move followed a Wall Street Journal report that big banks like JPMorgan and Morgan Stanley are in talks to provide aid to the beaten-down regional.

Credit Suisse Group — The Swiss bank's U.S.-listed shares were up 2.5% after it announced it will borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank.

The stock is coming off a volatile trading session on Wednesday, during which it lost 13.9% after the Saudi National Bank, its largest investor, said it would not be able to provide additional funding.

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