Stocks making the biggest moves premarket: Target, Novavax, Nio and more

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These are the stocks posting the largest moves before the bell.

– Ollie's was upgraded to "outperform" from "sector perform" at RBC Capital Markets, setting up the discount retailer's stock for a possible sixth straight day of gains. The upgrade follows the company's quarterly earnings report, which fell short of analyst forecasts but also contained an upbeat current-quarter forecast.

Ollie's gained 3.5% in premarket trading. – Skillsoft tumbled 9.3% in premarket action after the digital learning company's quarterly sales fell below Wall Street forecasts, although it reported a smaller-than-expected loss. Skillsoft said it was trending toward the lower end of its prior full-year forecast due to macroeconomic headwinds.

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