Stocks making the biggest moves premarket: Tesla, Netflix, Peloton and more

Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle manufacturer dropped more than 7% after it reported third-quarter earnings results that failed to impress investors. Earnings came in at $0.66 per share on $23.35 billion in revenue, lower than the $0.74 per share on $24.10 billion in revenue estimated by analysts surveyed by LSEG.

The bank highlighted Aptiv's strong top-line growth outlook and company-specific profit margin drivers. Shares added 2.8%. Peloton — The fitness stock slid 6.4% before the bell after a downgrade to underperform from Bank of America. Analyst Curtis Nagle cited declining member engagement as a reason for the downgrade. AT & T — Shares added more than 4% after the telecommunications company reported third-quarter earnings that exceeded analyst expectations. AT & T reported $0.

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