Stocks making the biggest premarket moves: Boeing, Dell, Merck and more

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Summit Therapeutics Inc,Jetblue Airways Corp,Merck & Co Inc

These are the stocks posting the largest moves in the premarket.

Check out the companies making the biggest moves in premarket trading: Boeing — Shares jumped 4% after the aircraft maker reached a deal with a union that represents its factory workers, potentially avoiding a costly strike. MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral. The firm highlighted the upside of a lower-rate environment and limited downside risks.

Summit shares soared more than 30%. Arm Holdings — The chip stock moved nearly 3% higher following a Financial Times report that Apple will use Arm's artificial intelligence chip technology in the iPhone 16, set to be unveiled Monday. United States Steel — Shares moved about 3% higher after JPMorgan upgraded the industrial stock to overweight from neutral.

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