Stocks making the biggest moves in the premarket: Xilinx, NXP Semiconductors, Apple, Disney & more

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The stocks making the biggest moves in premarket trading include Xilinx, NXP Semiconductors, Apple, Disney, and more.

– Goldman Sachs resumed coverage of GE with a "buy" rating and a 12-month price target of $10 per share. Goldman said CEO Larry Culp has moved to make GE a "leaner, structurally more productive" company during his two years on the job. – HCA will return about $6 billion in government aid it had received as part of coronavirus relief funding.

WarnerMedia did not confirm those numbers, but the operator of HBO, TBS and other TV channels did issue a statement saying it was implementing a restructuring in response to the impact of the Covid-19 pandemic. – Exelon was noted as a "favorite idea" by Corvex Management's Keith Meister, who said the utility company is cheap and well-positioned and that the stock could rise by 30%. Meister said he had added Exelon to his portfolio during the second quarter.

 

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