Stocks to Watch: Tesla, PacWest, Western Alliance
PacWest and Western Alliance are both regional bank stocks that are regaining some lost ground on Monday.
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PacWest (PACW),
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Western Alliance (WAL),
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PacWest's early trading Monday saw a 14% increase. On Friday, regional bank stocks recovered some of the ground they lost despite concerns about their financial health. Western Alliance rose by 5.2% in pre-market.
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Tesla (TSLA),
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Electric-car manufacturer said that it will increase prices for certain top-selling models on several markets including the U.S. China and Japan. Its shares rose 1.5% in premarket.