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Stocks making the biggest moves premarket: Krispy Kreme, Cinemark, Western Digital and more

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

Check out the companies making headlines before the bell. Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. The transaction would boost J & J's portfolio of cardiovascular disease treatment devices. Krispy Kreme — Shares of the doughnut chain surged 5% in premarket trading after Piper Sandler upgraded the stock to overweight from neutral.

The bank listed the stock as its "top idea in storage," citing "industry-leading growth metrics" and its strong footing to navigate an uncertain housing environment. Scotts Miracle-Gro — The maker of lawn and garden-care products slipped 0.8% following a downgrade by Truist to hold from buy. The firm said much of the near-term good news is now priced into the stock and sees limited catalysts on the horizon for a move higher.

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Stocks making the biggest moves premarket: Krispy Kreme, UPS, Micron Technology and moreThese are the stocks posting the largest moves in premarket trading.
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