Stocks making the biggest moves premarket: Coca-Cola, HSBC, McDonald's and more

Check out the companies making headlines before the bell. McDonald's — Shares dipped nearly 2% in premarket trading after the Chicago-based fast food chain missed analysts' quarterly earnings estimates as same-store sales fell short of expectations. Worldwide sales rose by 1.9% in the quarter, lower than the 2.1% growth expected by analysts, according to FactSet. Stellantis — Shares of the Jeep maker, formerly known as Chrysler, lost 3.6% after revenue came in lower than expected .

Europe's largest bank by assets, added 4.2% after the firm beat first-quarter earnings expectations and announced the departure of its Group Chief Executive Officer, Noel Quinn. 's revenue for the period was $20.8 billion, up 3% from the same period a year ago and higher than analysts' forecast of $16.94 billion, according to LSEG. The bank also reiterated its 2024 financial guidance. Eli Lilly — Shares popped nearly 7% after the maker of the Mounjaro diabetes and weight loss drug reported first-quarter adjusted earnings of $2.58 per share, beating the consensus estimate of $2.46, according to LSEG.

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