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Stocks making the biggest moves premarket: 3M, CrowdStrike, Xpeng and more

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

— Shares of the real estate investment trust rallied more than 11% on news RPT is being acquired by Kimco Realty for $2 billion in stock. The deal is expected to close in early 2024. "Approximately 70% of RPT's portfolio aligns with our key strategic markets," Kimco CEO Conor Flynn said in a statement.

— Shares of protein consumables supplier Abcam were halted after Danaher announced it would acquire the company in a deal valued at around $5.7 billion. Danaher shares gained less than 1%.

 

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Morgan Stanley downgrades CrowdStrike ahead of earningsThe analyst lowered his price target to $167 from $178, which suggests the stock could still climb more than 11%.
Source: CNBC - 🏆 12. / 72 Read more »