Stocks making the biggest premarket moves: Boeing, Oracle, GameStop, Voyager Technologies and more
Check out the companies making the biggest moves in premarket trading: Boeing –The airplane maker lost 7.5% following the crash of an Air India Boeing Dreamliner Thursday. The plane, carrying 242 passengers and crew, crashed shortly after takeoff from Ahmedabad, India. The cause of the crash is not immediately clear. Shares of jet engine maker GE Aerospace shed 4.6%. Oracle — The cloud computing stock surged nearly 9% after fourth-quarter earnings and revenue beat analyst estimates. Adjusted earnings of $1.70 per share topped the $1.64 a share expected by analysts polled by LSEG. Revenue was $15.9 billion versus the $15.6 billion consensus estimate. GameStop — The meme stock and video game retailer sank almost 16% after announcing it will sell $1.75 billion of convertible senior notes , with proceeds earmarked for “general corporate purposes, including making investments,” potentially including buying bitcoin. CoreWeave — Shares of the cloud infrastructure added more than 1% after Reuters reported that it CoreWeave will provide computing capacity as part of the recent deal between OpenAI and Alphabet . CureVac — The stock clinical stage biotech company jumped 30% after Germany’s BioNTech agreed to acquire it in an all-stock deal valued at $1.25 billion. Shares of BioNTech were fractionally lower. Voyager Technologies — The space tech stock popped 4.5% premarket. Voyager closed its first day of trading on Wednesday at $56.48, more than 82% above its initial public offering price of $31. Oklo — Shares dropped 6.6%, after the advanced nuclear reactor company planned to raise $400 million in a public offering, one day after Oklo surged more than 25% on a contract win to supply power to an Air Force base. Chime Financial — The online banking services provider priced its initial public offering at $27 per share Wednesday, valuing Chime at $11.6 billion. The stock is set to begin trading Thursday under the ticker CHYM. —CNBC’s Jesse Pound, Sarah Min and Alex Harring contributed reporting.
