Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more

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The stocks making the biggest moves in premarket trading include Hasbro, Oatly, Advanced Micro Devices, and more.

– The toy maker's stock slid 5.2% in the premarket following a double-downgrade to "underperform" from "buy" at Bank of America. The move comes after BofA conducted what it calls a "deep dive" on Hasbro's "Magic: The Gathering" trading card game business. BofA said Hasbro has been overprinting cards and destroying the long-term value of the business. – The maker of oat-based drinks saw its stock tumble 11.

8% in the premarket after it reported a larger-than-expected quarterly loss and revenue that fell short of consensus. Oatly said its results were hurt by a number of factors including China Covid restrictions, production challenges and a stronger US dollar. – The chip maker's stock rose 3.2% in the premarket after receiving upgrades at both Baird and UBS.

 

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