Stocks making the biggest moves premarket: GameStop, Lyft, Vail Resorts and more

Check out the companies making headlines before the stock market's opening bell. GameStop — The meme stock declined 5% premarket, giving up a gain of nearly 30% earlier. GameStop posted a surprise earnings report , showing net sales of $882 million for the first quarter, down 29% from a year prior. GME also gave an update on its stock sales, saying it would sell additional stock on top of the 45-million share sale it announced in May that raised more than $900 million.

Skechers — Shares rose 2% after Bank of America upgraded the footwear maker to a buy , citing an improving wholesale environment and strong sales trends. DocuSign — DocuSign dropped more than 7% after releasing fiscal second-quarter and full-year forward guidance, and after first quarter results topped Wall Street's first-quarter estimates. The electronic signature stock's board also authorized a $1 billion stock buyback.

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