Stocks making the biggest moves premarket: Honeywell, Strategy, Oracle & more
These are the stocks posting the largest moves before the bell.
TL;DR
- Honeywell fell 2% due to an expected one-time charge impacting sales and operating income, related to settlement talks with Flexjet.
- Crypto stocks rose as bitcoin gained, with Strategy, Mara Holdings, Robinhood, and Bullish all trading higher.
- Oracle gained 2% after Wells Fargo reiterated an overweight rating and highlighted potential upside.
- Ollie's Bargain Outlet increased over 1% following an upgrade to 'buy' from 'hold' by Loop Capital.
- Nvidia rose nearly 2% on reports of intending to ship H200 chips to China by mid-February, though government approval remains a factor.
- Marvell Technology shares moved 2.2% higher after Citi added a positive catalyst watch.
- Warner Bros. Discovery shares rose more than 3% on news regarding an amended offer backed by Larry Ellison.