Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more

– Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to "buy" from "neutral" following that update, and shares rallied 2.6% in the premarket.

– The maker of industrial and construction supplies was downgraded to "underweight" from "equal-weight" at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket. – AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus.

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