Here are the stocks that are giving the biggest moves in the Premarket. We have them all here just for you:
Square – The digital payments company agreed to buy Australia’s Afterpay for about $29 billion in stock, representing a roughly 30% premium for Afterpay shareholders.
Zoom Video – The video conferencing company agreed to pay $85 million to settle a lawsuit accusing it violated the privacy rights of users.
General Electric – GE has completed its previously announced one-for-eight reverse stock split and will begin trading on a post-split basis today.
Moderna and Pfizer – Moderna rose 2.5% in the premarket, Pfizer gained 1%, while BioNTech surged 5.1%.
Foot Locker – The athletic footwear and apparel retailer announced a deal to buy California-based shoe store chain WSS for $750 million and Japan-based streetwear brand Atmos for $360 million.
Uber Technologies – Shares of Uber gained 1.1% in premarket trading after Gordon Haskett Research Advisors initiated coverage with a “buy” rating.
Capri Holdings – Capri rose 1.2% in the premarket following an upgrade to “buy” from “neutral” at MKM Partners.
Robinhood – That represents about 1.3% of the company’s funded account base. Robinhood added 1.5% in premarket trading.
Parker Hannifin – Parker-Hannifin shares fell 2.2% in premarket action.
Discovery – Discovery is in informal talks about a potential bid for British state-owned broadcaster Channel 4, according to Britain’s Telegraph newspaper.
Li Auto – The China-based electric vehicle maker delivered 8,589 vehicles in July, an increase of 125% compared to July 2020. Li’s U.S.-based shares surged 4.3% in the premarket.
First Solar – The solar power systems maker’s shares gained 2.9% in premarket trading after Susquehanna Financial upgraded the stock to “positive” from “neutral”.