Coca-Cola stock rises on forecast-beating results; Bed Bath & Beyond shares slump and other stocks on the move

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Coca-Cola, Bed Bath & Beyond, Foghorn Therapeutics and Eli Lilly are among the biggest moving stocks on Monday.

Here are some of the biggest stock movers in premarket trading on Monday, as U.S. stock-index futures headed slightly lower.Coca-Cola Co. KO stock rose 1.2% in premarket trading after the beverage giant’s first-quarter profit and revenue beat forecasts as it kept its full-year growth outlook unchanged.

Shares of Eli Lilly & Co. LLY rose 0.5% in premarket trading after the drugmaker announced an deal to sell its hypoglycemia treatment for people with diabetes Baqsimi to Amphastar Pharmaceuticals Inc. AMPH for up to $1.075 billion in cash and potential milestone payments. Amphastar shares were not trading.Bed Bath & Beyond shares BBBY slumped 40% in premarket trading after the home-goods retailer said Sunday that it filed for Chapter 11 bankruptcy.

 

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