Stocks making the biggest premarket moves: Pioneer Natural Resources, Levi Strauss, Tesla, Philips and more

. Levi's fiscal-third quarter revenue missed expectations, but earnings per share came in slightly above. Levi's CEO said consumers were buying fewer items due to inflation and rising mortgage and gas prices.— The Dutch health tech company dropped more than 8.7% after the U.S. Food and Drug Administration said its handling of its 2021 sleep apnea device recallof some Model 3 and Model Y vehicles in the U.S.

The move followed the company's third-quarter vehicle production and deliveries update, which missed analysts' expectations.— Shares of the biopharmaceutical company rose 5.5% after Apellis reported growing sales for its Syfovre drug in August. JPMorgan upgraded the stock to overweight from neutral, saying that the success of Syfovre should shift sentiment around Apellis heading into 2024.

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Stocks of Permian peers of Pioneer Natural Resources rally in wake of WSJ report that buyout by Exxon Mobil is closeTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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Shale driller's shares soar on reports of possible Exxon takeover and other stocks on the movePioneer Natural Resources, Exxon Mobil, Levi Strauss & Co., Philips and Tesla are among the stocks that are active
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