Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more

Check out the companies making the biggest moves in premarket trading: CarMax — Shares sank 9% after the used-car retailer reported an earnings and revenue miss for its fourth quarter. CarMax's earnings came in at 32 cents per share, versus the 49 cents expected from analysts polled by LSEG. Revenue was $5.63 billion, below the $5.8 billion consensus estimate. Nike — Shares added 2% following an upgrade at Bank of America to buy from neutral.

The deal values Alpine stock at $65, about 67% above its close on Tuesday, the day before Bloomberg reported Alpine was considering its options. Vertex shares were flat. Vera Therapeutics — The stock jumped more than 10% following the announcement of the Vertex/Alpine deal. Both Alpine and Vera have drug candidates that potentially treat a kidney condition, IgA nephropathy. Albemarle — The chemicals company's stock moved 1% higher following an upgrade by Berenberg to buy from hold.

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