Stocks making the biggest moves premarket: Tesla, DJT, CVS Health, Dollar Tree and more

Check out the companies making headlines before the stock market opens. Crypto stocks – Shares of Coinbase surged 12% as investors cheered the prospect of a more supportive regulatory environment for cryptocurrency businesses under a second Donald Trump presidency. MicroStrategy , which trades as a high-beta play on the bitcoin price, gained 11% as bitcoin s urged to a new all-time high .

-listed shares added nearly 3% after the Danish maker of diabetes treatments said third-quarter sales of its weight-loss drug Wegovy were 79% higher than the same period a year ago, topping expectations. Private prison stocks — Two private prison companies in the U.S. rose as Trump, who has long promised a crackdown on illegal immigration, was declared the winner of the presidential race. Florida-based GEO Group surged more than 23.5%, while CoreCivic gained more than 18%.

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