Take a look at some of the biggest moving agents in the premarket:
AstraZeneca (AZN) – The drug maker said a US study found that the Covid-19 vaccine is 79% effective in preventing symptomatic disease, 100% effective against critical illness and hospitalization, and poses no higher risk. large blood clots. AstraZeneca shares gained 2.2% in premarket trading.
Blackstone (BX) – Blackstone has proposed a $ 6.2 billion purchase of Australian casino operator Crown Resorts. The stock rose above the bid price in Australian trading, indicating investor bets that a higher bid could come from another contender.
Kansas City Southern (KSU) – The rail operator has agreed to be bought by the Canadian Pacific Railway (CP) through a $ 25 billion cash and stock transaction. The transaction is worth $ 275 per share, compared to Friday’s closing price of $ 224.16 in Kansas City Southern. Kansas City Southern rose 17.8% in premarket stock, while Canadian Pacific fell 2.8%.
PepsiCo (PEP) – the beverage and snack giant’s stock rose 1% in the premarket after Barclays upgraded it to “overweight” from “equal weight”. Barclays recently noted the low performance of the stock and the potential to accelerate revenue and profit growth.
Stellantis (STLA) – The carmaker said a global shortage of semiconductors will impact the production of its popular vans, in a delay, Father Chrysler and Jeep said it could take “a few weeks”.
Royal Caribbean (RCL) – Royal Caribbean will resume several Caribbean cruises in June, following a one-year suspension in the Covid-19 pandemic. Crews will be fully vaccinated, and adult guests will be required to be vaccinated. Children under the age of 18 must show proof of a negative Covid test.
Tesla (TSLA) – Tesla shares will reach $ 3,000 in 2025, according to a projection by ARK Invest founder Cathie Wood. If this prediction is extended, Tesla would be worth about $ 3.6 trillion. Shares increased by 3.6% in premarket trading.
Airbnb (ABNB) – Airbnb shares rose 1.5% in premarket trading as more Americans received Covid-19 vaccines and resumed their travel plans.
SunRun (RUN) – The solar energy company was considered “positive” in the new coverage at Susquehanna Financial, the company saying that the largest US installer of residential solar energy systems would benefit from a strong growth anticipated in that market. Shares rose 1.9% in premarket trading.
Zoominfo Technologies (ZI) – Goldman Sachs rated the digital advertising technology provider as a “buy-in” for a new coverage, noting the solid data provided to sales representatives and streamlining the process of generating leads. Zoominfo shares gained 2.5% in the premarket share.
JetBlue (JBLU) – The airline plans to raise $ 650 million by selling senior convertible notes due in 2026. Shares fell 2% in premarket stock.
DraftKings (DKNG) – Sports betting company shares rose 2.1% in premarket after Loop Capital repeated its call for DraftKings as a “top pick”, noting that New York is ready to legalize online gambling and that the state market will be less competitive for DraftKings than New Jersey.