Stocks Making the Biggest Moves Premarket: FedEx, GameStop, Moderna and More

– The crafts retailer's shares tumbled 8.3% in the premarket after it missed quarterly sales expectations and noted a $60 million increase in ocean freight costs for 2021. Joann said the freight increase was among a number of significant supply chain headwinds and disruptions. – The restaurant chain's stock slid 4.7% in premarket trading after a double downgrade by Piper Sandler to"underweight" from"overweight.

– The solar equipment and software producer's 2 million shares offering was priced at $295 per share, compared with Thursday's close of $314.60. SolarEdge slid 3.4% in the premarket.

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