Stocks making the biggest moves premarket: Crocs, Paramount Global, Deutsche Bank, Snowflake and more

Check out the companies making headlines in premarket trading. Crocs — The footwear stock ticked up more than 1% after an upgrade to buy from hold at Williams Trading. The investment firm said Crocs' move to sign actress Sydney Sweeney as a spokesperson for its Heydude brand could help reverse negative sales trends.

Wolfspeed — The semiconductor company surged more than 8% after forecasting revenue in the range of $50 million to $60 million from its Mohawk Valley facility, a larger-than-expected contribution that softened an earnings miss. Snowflake – Shares dropped more than 9% even after the software company topped Wall Street's earnings and revenue expectations for the recent quarter and boosted its full-year product revenue guidance.

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