Stocks making the biggest moves premarket: Rivian, SolarEdge, Sphere Entertainment and more

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These are the stocks posting the largest moves in early trading.

— Shares popped 3.3% in the premarket. Evercore ISI upgraded Rivian Automotive to outperform from in line, and raised its price target, saying the electric truck maker could be the next Tesla and BYD.— The stock jumped more than 7% after the entertainment and media company opened its Sphere venue in Las Vegas with a show from U2 on Friday night. The Sphere will host live concerts and sporting events.— Shares gained 3.4% in premarket trading.

The investment firm said that Clorox's stock could rally as the company gives investors more clarity about the fallout from an August cyberattack.— Shares of the entertainment company moved up 2% before the bell after it announced that Renaissance: A Film by Beyoncé, would be distributed in the U.S. in December.— The solar stock dropped 2.

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