Stocks making the biggest moves before the bell: McDonald's, Tesla, Stellantis and more

Check out the companies making headlines in premarket trading. McDonald's — Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . McDonald's also said its same-store sales — a key metric for restaurants — declined broadly. Revvity — Shares gained 6% after the life sciences company posted second-quarter results that beat expectations. Adjusted earnings of $1.

The firm said Bristol-Myers Squibb may have rallied too far, too fast — the stock is up 25% in 11 days, despite little movement in its underlying fundamentals, Barclays said. This call comes after Bristol-Myers Squibb issued better-than-expected earnings and raised its full-year guidance on Friday. Tesla — The electric vehicle maker advanced 1.5% after bring crowned the top pick U.S. auto stock by Morgan Stanley analyst Adam Jonas.

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