{"id":123963,"date":"2021-12-14T15:10:03","date_gmt":"2021-12-14T15:10:03","guid":{"rendered":"https:\/\/fin2me.com\/?p=123963"},"modified":"2021-12-14T15:10:03","modified_gmt":"2021-12-14T15:10:03","slug":"stocks-making-the-biggest-moves-premarket-gamestop-amc-beyond-meat-and-others","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/stocks-making-the-biggest-moves-premarket-gamestop-amc-beyond-meat-and-others\/","title":{"rendered":"Stocks making the biggest moves premarket: GameStop, AMC, Beyond Meat and others"},"content":{"rendered":"
Check out the companies making headlines before the bell:<\/em><\/p>\n GameStop (GME) \u2013 The videogame retailer \u2013 one of the so-called "meme" stocks \u2013 lost another 3.1% in the premarket following a nearly 14% tumble yesterday to its lowest close since March. GameStop had seen its stock slide last week after reporting a wider quarterly loss.<\/p>\n AMC Entertainment (AMC) \u2013 The movie theater operator's stock slid 6% in premarket trading, after extending a losing streak to 3 days with a more than 15% plummet Monday. Last week, CEO Adam Aron sold all his holdings in AMC while CFO Sean Goodman sold the bulk of his AMC stock.<\/p>\n Beyond Meat (BYND) \u2013 The maker of plant-based meat substitutes saw its stock jump 4.8% in premarket action, putting it in a position to break a 3-day losing streak. Piper Sandler upgraded the stock to "neutral" from "underweight," saying a nationwide launch at McDonald's (MCD) could happen within less than 3 months.<\/p>\n Pfizer (PFE) \u2013 The drugmaker said a final study of its antiviral Covid-19 pill showed it to be 89% effective in preventing hospitalizations and deaths in high-risk patients, similar to what earlier studies had shown. It added that the drug appears to be effective against the omicron variant.<\/p>\n Tesla (TSLA) \u2013 Tesla shares slid 1.5% in premarket trading after CEO Elon Musk sold more of his holdings to cover tax bills generated by the exercising of stock options. Tesla has dropped more than 20% from its all-time high and its overall market value has fallen back under the $1 trillion mark.<\/p>\n Weibo (WB) \u2013 Weibo slid 5.3% in the premarket after the China-based social networking company was fined 3 million yuan (about $471,000) by regulators, who said some of Weibo's accounts and content violated various laws and regulations.<\/p>\n Terminix Global (TMX) \u2013 The pest control company's shares soared 21.9% in the premarket after it agreed to be acquired by British rival Rentokil for $6.7 billion in cash and stock.<\/p>\n Alcoa (AA) \u2013 The aluminum producer's shares rallied 4.2% in premarket trading following news that the stock will be added to the S&P Midcap 400 Index prior to the opening of trading next Monday. It replaces Hill-Rom Holdings, which is being acquired by Baxter International (BAX).<\/p>\n Dell Technologies (DELL) \u2013 The computer maker's stock was downgraded to "in line" from "outperform" at Evercore, which notes Dell's nearly 60% appreciation this year ahead of what it sees as a moderating personal computer market. Dell lost 1.7% in the premarket.<\/p>\n Ralph Lauren (RL) \u2013 The apparel maker slid 3% in the premarket after a Goldman Sachs double downgrade to "sell" from "buy" on the thesis that brand momentum indicators are fading.<\/p>\n Neogen (NEOG) \u2013 The food safety company's stock surged 12.1% in premarket trading after it announced a deal to combine itself with the food safety division of 3M (MMM).<\/p>\n