Stocks making the biggest moves premarket: McDonald's, UPS, General Motors and more

– Shares of UPS rose 1.9% after the company reported earnings that beat analyst expectations. The company posted adjusted earnings per share of $3.62 on $27.08 billion in revenue. Analysts had forecast earnings of $3.59 per share and $28.09 billion in revenue, per Refinitiv.— The oil giant was under pressure despite reporting upbeat financial results for the latest quarter.

Caterpillar said its bottom line was impacted by an "unfavorable ME&T foreign currency impact in other income of $0.41 per share."– Shares of the vaccine maker fell more than 2% after the company reported mixed quarterly results and issued earnings and revenue guidance for the full year that came in below analysts' expectations, according to StreetAccount.

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