Stocks Making The Biggest Move in Premarket

So here are the stocks that are making the biggest breaking move in the pre market. We already know that the stock market is not a stagnant place. The values are always changing and thus we are presenting this to you.

Stocks Making The Biggest Move in Premarket

1. AutoNation

The auto retailer reported quarterly earnings of $4.83 per share, well above the $2.81 consensus estimate. Revenue was also above consensus, with same-store new car sales up 42% over a year ago and used car sales up 37%. AutoNation added 1.1% in premarket trading.

2. Cal-Maine Foods

The nation’s largest egg producer posted an unexpected loss of 9 cents per share for its latest quarter after analysts had predicted an 18 cents per share profit.

3. Tractor Supply

The farm equipment and services company beat estimates by 23 cents with quarterly earnings of $3.19 per share, with revenue above analysts’ forecasts as well.

4. Pershing Square Tontine Holdings

Pershing Square Tontine Holdings has dropped plans to buy 10% of Universal Music

5. Zoom Video Communications

Zoom will buy cloud-based call center operator Five9 (FIVN) for $14.7 billion in stock, representing Zoom’s largest-ever acquisition. Zoom fell 2.7% in premarket trading, while Five9 surged 7.4%.

6. National Grid

National Grid will reportedly be stripped of its responsibility to run Britain’s electricity grid.

7. Johnson & Johnson

J&J is reportedly exploring a plan to offload talc-related liabilities into a new business that would then file for bankruptcy.

10. Tesla

Tesla is offering customers of its “FSD” premium driver assistance service on a subscription basis for $199 per month, rather than for a $10,000 upfront payment. Tesla fell 1.6% in the premarket.

11. Autodesk

Autodesk has ended takeover talks with Australia-based software maker Altium. That comes several weeks after Altium rejected a more than $3.7 billion takeover offer from Autodesk.

12. Xpeng

The China-based electric vehicle maker priced the base model of its new P5 electric sedan at about $24,700, undercutting the price of Tesla’s newly introduced cheaper version of its Model 3 sedan. Xpeng lost 1.9% in the premarket.