Stocks making the biggest moves premarket: Kellanova, Alphabet, Flutter and more

Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash. The deal values Kellanova at about $36 billion and is expected to close in the first half of 2025. Alphabet — Shares were down more than 1% after Bloomberg News reported U.S. regulators are weighing a break-up of the tech giant.

shares of the British chip designer added 1.7% after Intel sold its 1.18 million-share stake . Shares of Intel, whose move came amid restructuring and cost-cutting efforts, rose modestly before the bell. Cardinal Health — The health care company jumped 6.3% after reporting fiscal fourth-quarter results that beat expectations. Cardinal earned $1.84 per share, excluding items, on $59.87 billion in revenue, while analysts polled by StreetAccount anticipated $1.73 a share and $58.64 billion.

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