Stocks making the biggest premarket moves: U.S. Steel, AT&T, Synchrony Financial, CVS and more

Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan's Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered political opposition. AT & T — The cell phone stock climbed neary 4% after saying it anticipates more than $18 billion in free cash flow in 2027.

Credo Technology Group — The tech company soared 32% after earnings topped analyst estimates late Monday and it issued strong current-quarter revenue guidance. Adjusted earnings came in at 7 cents per share on $72 million in revenue in the second fiscal quarter against Street estimates of 5 cents per share on revenue of $67 million, according to LSEG.

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