Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Bank of America and more

Check out the companies making headlines before the bell. Morgan Stanley — The bank stock fell more than 2% in premarket trading even after the firm's second-quarter results beat Wall Street estimates thanks to strong performance in trading and investment banking. The bank said profit surged 41% from the year-earlier period, helped by a rebound in Wall Street activity. Revenue rose 12% to $15.02 billion.

Systems — Shares advanced ticked slightly higher after Jefferies upgraded the software engineering services company to buy from hold. The firm cited a valuation and earnings trough and an underappreciated AI opportunity. Dollar Tree — Shares of the discount retailer dipped more than 1% after a downgrade to neutral from overweight at Piper Sandler. The investment firm said that proposals from both the Joe Biden and Donald Trump campaigns would be damaging for Dollar Tree.

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