economy
Stocks making the biggest moves premarket: IMAX, Merck, Estee Lauder & more
These are the stocks posting the largest moves premarket.
TL;DR
- IMAX shares rose 14% on reports of exploring a sale.
- Merck's lung cancer treatment showed a 65% reduction in tumor progression risk.
- Workday, Zoom, and Ross Stores saw stock increases due to strong financial performance and outlooks.
- Futu and PDD Holdings shares dropped significantly following China's crackdown on illegal cross-border securities trading.
- Estee Lauder and Puig ended talks about a potential merger, with Estee Lauder shares jumping 10%.
- Perpetua Resources shares surged over 10% after securing a $2.9 billion loan for its Idaho project.
- Advanced Micro Devices CEO predicts a five-year elevated demand for CPUs.
- Booz Allen Hamilton reported higher-than-expected adjusted earnings.