U.S. stock futures edged higher Monday, starting the holiday-shortened week on a positive note ahead of the release of key unemployment data.
Here are some of the biggest premarket U.S. stock movers today:
Boeing (NYSE:BA) stock fell 0.4% after the planemaker agreed to reacquire Spirit Aerosystems (NYSE:SPR), up 4.6%, for over $4 billion, ending months of speculation over the deal as the planemaker struggled with a new safety crisis.
Tesla (NASDAQ:TSLA) stock rose 1.7% after Wedbush analysts said the EV maker’s growth in China appears to be gradually improving, with a "mini rebound" in Q2 that could help the company reach Wall Street’s estimate of 435,000 units.
Nvidia (NASDAQ:NVDA) stocks fell 1.3%, consolidating after gains of close to 150% so far this year. Morgan Stanley lifted its price target on the semiconductor, calling it “the most compelling narrative in the AI semis space”.
Chewy (NYSE:CHWY) stock rose 19% after Keith Gill, the stock influencer known as "Roaring Kitty", disclosed a 6.6% stake in the pet products retailer.
GameStop (NYSE:GME) stock fell 6.2% after Gill was accused of securities fraud in a class-action lawsuit concerning the video game retailer.
Meta Platforms (NASDAQ:META) rose 0.9% despite the Facebook owner being charged by EU antitrust regulators for failing to comply with landmark tech rules.
Trump Media & Technology (NASDAQ:DJT) stock rose 3.1%, bouncing after Friday’s sharp losses in volatile trading in the wake of the first presidential debate between current President Joe Biden and former President Donald Trump.
Cassava Sciences (NASDAQ:SAVA) stock rose 1.6%, rebounding after the previous session’s drop of a third in following a key adviser to the Alzheimer’s drug developer being indicted by a federal grand jury for allegedly submitting fabricated and falsified scientific data to obtain grants.
Nio (NYSE:NIO) ADRs rose 4.8% and Li Auto (NASDAQ:LI) stock climbed 3.1% after the Chinese EV makers reported storing deliveries in June.
