Let’s take a look at some of the biggest movers in the premarket:

Sanderson Farms (SAFM) – Poultry producers have agreed to be acquired by private food producer Cargill and agricultural investment firm Continental Grain for approximately $ 4.5 billion, or $ 203 per share. Full cash trading is 11.3% above the closing price of Sanderson Farm on Friday. Sanderson shares soared 8.3% in front of the market.

Tesla (TSLA) – Tesla grew 1.6% in the premarket after Jeffreys upgraded its shares from “hold” to “buy.” ..

US Foods (USFD) – Food service distributor share rose 6.5% in front of the market after surpassing Street’s forecasts in second-quarter profits and revenues. US Foods exceeded expectations by 58 cents per share, supported by strong demand for its products and services as the industry recovered from the pandemic.

Tyson Foods (TSN) – Beef and chicken producers reported quarterly earnings of $ 2.70 per share. This is well above the $ 1.62 consensus estimate per share. Revenues also exceeded analysts’ expectations. The results were boosted by strong consumer demand and the reopening of restaurants. Tyson shares rose 2.6% in pre-market trading .ovid

Norwegian Cruise Line (NCLH) – A federal judge has determined that a cruise line can require passengers to certify Covid-19 vaccination and has temporarily blocked Florida legislation banning that practice.

Berkshire Hathaway (BRK.B) – Berkshire shares rose 1.2% in pre-market trading after reporting a 7% increase in second-quarter earnings. Berkshire’s performance was supported by the recovery of the entire business, including railway and energy companies.

Veoneer (VNE) – Auto parts maker negotiates with Qualcomm (QCOM) for a bid to buy a chip maker, surpassing a bid from auto software maker Magna International (MGA) previously approved by Veoneer’s board of directors Announced to start. Qualcomm’s bid is worth $ 4.6 billion, compared to the value of about $ 3.8 billion in Magna’s transaction. Veoneer fell 3.3% in pre-market trading.

Exact Sciences (EXAS) – Molecular diagnostics companies have contacted genetic testing company Invitae (NVTA) about a possible merger, according to people familiar with the matter spoken to Bloomberg. People said the two sides were not in active negotiations and seals were likely to be low-premium all-stock trading. Invitae surged 7.2% in the premarket, while Exact Sciences fell 2%.

Dollar Tree (DLTR) – Discount stores have been downgraded from Deutsche Bank’s “Purchase” to “Hold”. It expressed concern about the impact of increased fares and labor costs on profitability. Dollar Tree lost 1.5% in pre-marketing behavior.

ExxonMobil (XOM), Chevron (CVX) – These and other energy companies are under pressure as oil prices fall following UN reports on new China’s anti-virus and climate change impacts. I have received it. Exxon fell 1.3% in pre-market trading, while Chevron fell 1.6%.

Victoria’s Secret (VSCO) – JP Morgan Chase has begun interviewing women’s clothing retailers with a “overweight” rating, noting its market advantage in lingerie and nightwear and the opportunity to expand swimwear. Victoria’s Secret added 1.6% in the premarket.

NetEase (NTES) – A China-based online service company postponed a planned $ 1 billion initial public offering of its cloud village music streaming service in Hong Kong after Reuters reported 2.3% in premarket transactions It has increased rapidly. Those who are directly aware of the issue said the delay was due to the volatile trading of major Chinese tech companies.

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