Stocks making the biggest moves premarket: Krispy Kreme, Cinemark, Western Digital and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 20 min. at publisher
  • 📊 Quality Score:
  • News: 76%
  • Publisher: 72%

Breaking News News

Market Insider,Markets,Economy

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

Check out the companies making headlines before the bell. Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. The transaction would boost J & J's portfolio of cardiovascular disease treatment devices. Krispy Kreme — Shares of the doughnut chain surged 5% in premarket trading after Piper Sandler upgraded the stock to overweight from neutral.

The bank listed the stock as its "top idea in storage," citing "industry-leading growth metrics" and its strong footing to navigate an uncertain housing environment. Scotts Miracle-Gro — The maker of lawn and garden-care products slipped 0.8% following a downgrade by Truist to hold from buy. The firm said much of the near-term good news is now priced into the stock and sees limited catalysts on the horizon for a move higher.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Krispy Kreme, UPS, Micron Technology and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »