Stocks making the biggest moves premarket: Cal-Maine, Tesla, Alibaba and others

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

– The nation's largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.

1% in the premarket. – Tesla rose 1.4% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.

 

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