Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more

Check retired the companies making headlines earlier the bell.

Credit Suisse — Shares of Credit Suisse were down 21.5% aft the firm's biggest backer, Saudi National Bank, said it won't supply it with further fiscal help. Credit Suisse and respective different European banks, including Societe Generale, Italy's Monte dei Paschi and UniCredit, were halted from trading arsenic prices plummeted.

Bank of America, Morgan Stanley, Wells Fargo — Shares of larger financials were successful little aboriginal Wednesday arsenic the Credit Suisse tumble sent ripples crossed the planetary banking sector. Bank of America mislaid 2.9%, Morgan Stanley dropped 3.2% and Wells Fargo declined by astir 4.2%.

Lennar — Shares of the homebuilder roseate much than 1% successful premarket trading aft Lennar bushed estimates connected the apical and bottommost lines for its fiscal archetypal quarter. Lennar reported $2.06 successful net per stock connected $6.49 cardinal of revenue. Analysts surveyed by Refinitiv expected $1.55 successful net per stock connected $5.93 cardinal of revenue. Home deliveries summation 9% twelvemonth implicit year, but gross borderline and caller orders decreased.

PacWest Bancorp, Comerica, KeyCorp — Several determination banks led Wednesday's autumn aft rallying connected Tuesday. PacWest and Comerica mislaid 7.7% and 3.4%, respectively. KeyCorp's banal terms dropped 1.4%, Regions Financial was down 4.2% and Zions Bancorp mislaid 5.5%. Shares of San Francisco-based First Republic bucked the trend, gaining 3.8%.

Royal Caribbean — Shares of the cruise enactment were down 2.8%. The institution precocious refunded guests aft mistakenly offering a non-existent 'Premier Pass' connected its website. The institution besides announced it would beryllium expanding its income team. Rival cruise operators were besides down.

— CNBC's Hakyung Kim and Jesse Pound contributed reporting.