Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more

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Take a look astatine immoderate of the biggest movers successful the premarket:

Walt Disney (DIS) – Disney shares dropped 3.9% successful premarket trading aft maturation figures for the Disney+ streaming work fell abbreviated of Wall Street predictions. Disney reported better-than-expected nett for the archetypal quarter, but gross was abbreviated of analysts' forecasts.

DoorDash (DASH) – DoorDash surged 8.2% successful the premarket aft first-quarter gross came successful supra analysts' forecasts, and the nutrient transportation work raised its yearly forecast for bid value. First-quarter results got a boost from stimulus checks, though the institution said those aforesaid checks were liable for drivers moving less hours.

Snowflake (SNOW) – The unreality computing institution was upgraded to "buy" from "neutral" astatine Goldman Sachs, which notes the Snowflake's beardown competitory position, arsenic good arsenic a driblet from caller highs that is overmuch larger than its peers person experienced. Snowflake jumped 5.7% successful premarket trading.

Airbnb (ABNB) – Airbnb posted a first-quarter loss, but it besides reported better-than-expected gross arsenic good a 52% leap successful gross bookings arsenic much Americans received Covid-19 vaccinations and question restrictions eased.

Coinbase (COIN) – Coinbase reported grounds profit during the archetypal quarter, arsenic the cryptocurrency speech benefited from a important rally successful bitcoin and different integer currencies. Coinbase shares roseate 2.3% successful premarket action.

Kansas City Southern (KSU) – The U.S.-based obstruction relation accepted Canadian National Railway's (CNI) $33.6 cardinal takeover bid, casting speech the $29 cardinal woody it had antecedently agreed to with Canadian Pacific Railway (CP). Canadian Pacific has 5 concern days to marque a counter-offer for Kansas City Southern. Canadian National added 2.9% successful premarket trading, portion Canadian Pacific roseate 1.6%.

Tyson Foods (TSN) – The beef and poultry shaper sold its favored treats concern to General Mills (GIS) for $1.2 billion. The merchantability includes the Nudges, Top Chews and True Chews brands arsenic good arsenic an Iowa accumulation facility.

General Electric (GE) – Citi reinstated sum of GE with a "buy" rating, based connected a "sum of the parts" valuation and amended execution crossed GE's portfolio of businesses. GE shares added 1.1% successful premarket trading.

Aurora Cannabis (ACB) – Aurora Cannabis tumbled 8.7% successful premarket enactment aft it reported lower-than-expected fiscal third-quarter revenue, deed by pandemic-related restrictions successful Canada. Separately, the cannabis shaper announced a determination successful its U.S. banal listing to Nasdaq from the New York Stock Exchange, citing little costs.

Fisker (FSR) – Fisker soared 14.5% successful premarket trading aft the electrical car shaper signed a woody with declaration shaper Foxconn to co-develop electrical vehicles. Plans see opening a caller U.S. manufacturing works successful 2023, though a determination has not yet been finalized.

Poly (PLT) – Poly tumbled 19.5% successful the premarket aft the shaper of audio and video products issued a weaker than expected outlook. The institution formerly known arsenic Plantronics said it expected the planetary semiconductor shortage to negatively interaction its proviso chain. It did, however, study better-than-expected nett and gross for its latest quarter.

Unity Software (U) – The 3D contented instauration level institution roseate 3.2% successful the premarket aft Oppenheimer upgraded the banal to "outperform" from "perform." Oppenheimer said the existent terms is an charismatic introduction constituent fixed Unity's maturation prospects.