Stocks making the biggest moves premarket: Akamai, Synopsys, Nike & more
These are the stocks posting the largest moves premarket.
TL;DR
- Akamai Technologies jumped over 21% following a seven-year power contract and an $11.6 billion deal with Anthropic.
- Scholastic shares fell more than 10% after reporting a fiscal first-quarter loss and a decline in revenue.
- Synopsys increased over 3% after HSBC upgraded the stock to 'buy,' citing its potential as a high-growth AI beneficiary.
- Nike's stock slid nearly 2% after Bank of America downgraded it to 'underperform,' predicting sales decreases.
- Costco Wholesale shares saw a slight decrease despite reporting better-than-expected fourth-quarter results.