Stocks making the biggest moves premarket: Arm Holdings, GM, Ford, Adobe and more

— Shares in the video game developer stock added almost 3% premarket on the heels of an upgrade to buy from Bank of America. A stable advertising business, better monetized game engine, priced-in"risks and execution issues" and"potential upside" to 2024-2025 earnings estimates underpinned the upgrade.

— Shares of the food delivery company slid almost 3% premarket after MoffettNathanson downgraded DoorDash to market perform to outperform. The research firm said that the resumption of student loan payments could hurt food delivery demand.

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Nvidia, AMD, Other Chip Stocks Boosted by Arm IPOThe semiconductor designer priced its U.S. initial public offering at $51 a share, the top of the expected range, which gives the company a market value of...
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