Stocks making the biggest moves premarket: Home Depot, Starbucks, Hormel Foods, Chipotle and more

Check out the companies making headlines before the bell. Starbucks , Chipotle Mexican Grill — Shares of the coffee chain popped more than 11% in the premarket after the company replaced its chief executive, Laxman Narasimhan, with Chipotle CEO Brian Niccol . Chipotle shares were down about 10%. Home Depot — Shares fell more than 2% in the premarket after the home improvement retailer warned that sales would be weaker than anticipated in the second half of 2024.

-traded shares of the Chinese streaming company fell nearly 7%. The company reported a 1.7% yearly decline in revenue. Monthly active users in the mobile categories also came in below analysts' forecasts. Kodiak Gas Services — The natural gas services company dipped 2.7% after posting a year-over-year fall in earnings and a top-line miss. Kodiak posted 6 cents earnings per share, down from 30 cents a year ago, according to StreetAccount. Revenue came in at $309.

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