Check out the companies making the biggest pre-market moves: Verizon Communications — The telecommunications company rose 2% after reporting a third-quarter profit beat. The company also raised its full-year profit forecast for 2026. Neocloud Stocks — Stocks of several companies fell after Elon Musk said in a post on CoreWeave fell 5%, Nebius fell 3.5% and Iren fell 4%. Tesla — The electric car company rose 2% after Barclays upgraded the stock to overweight. Analysts at the bank said merger and acquisition opportunities with SpaceX, growth in the company’s robotaxi business and strength in its core business are making them more bullish on Tesla’s outlook. Range Resources — The natural gas company rose 15% after EQT Corp announced it would acquire Range Resources in a deal that values the company at more than $50 billion. EQT stock fell 4%. The all-stock transaction is expected to close in the first quarter of 2027. Moderna — Shares fell 8% on Thursday as the company’s shares continued to fall following the leak of the results of a closely tracked cancer vaccine study. The company’s shares fell more than 18% last Thursday and Friday. Metaplatform — The hyperscaler rose 1% after announcing it would issue $35 billion in stock to help finance its artificial intelligence buildout. Meta also plans to raise $60 billion through its “At the Market” program. Ross Stores — The retailer soared more than 6.5% after UBS upgraded the stock to buy. Analysts at the bank said the stock could rise above $300 as store productivity increases. Surgical Partners — Bon Securities Shares rose about 25% after the Financial Times reported on Sunday that Mercy Health was looking to buy the health care services company for $6 billion. The deal, which The Times reported could be announced as early as Monday, would value Surgery Partners at $20 a share, citing sources. Fair Isaac — The data analytics company fell nearly 10% after Wells Fargo downgraded the stock from overweight to equal weight. Analysts justified the downgrade after Fair Isaac announced it would not raise prices to encourage financial institutions to continue using FICO scores.
