Stocks making the biggest moves premarket: Novo Nordisk, FedEx, Nike, Starbucks, MicroStrategy and more

Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx – Shares jumped 8.5% after FedEx announced a spinoff of its freight business . Elsewhere, the company said earnings per share for the fiscal second quarter came in at $4.

Occidental Petroleum – The stock gained around 2% after Warren Buffett's Berkshire Hathaway disclosed that it purchased shares of the energy company . Meanwhile, shares of Sirius XM and VeriSign – two other names that Berkshire Hathaway disclosed it had purchased shares of – were up more than 1% and down 0.2%, respectively. Micron Technology – The chipmaker fell 2.9%, extending its slide one day after Micron posted its worst day since March 2020.

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Stocks @ Night: U.S. Steel, Nike, FedEx and Nasdaq 100 ChangesCNBC's Stocks Night newsletter examines the day's market activity and highlights key performers. This edition focuses on U.S. Steel's declining share price, Nike's flat performance despite initial gains, FedEx's post-earnings surge following a spin-off announcement, and the upcoming Nasdaq 100 composition changes.
Fuente: CNBC - 🏆 12. / 72 Leer más »