Uber, Johnson & Johnson, Apple and more

Take a look at some of the greatest movers in the pre-market.

Uber (UBER) – Uber shares were up 5.7% pre-market after the rideshare company revised its financial outlook upward for the third period. The company now plans to report between $ 22.8 billion and $ 23.2 billion in gross bookings for the third quarter, according to an SEC filing. It previously forecast $ 22 billion to $ 24 billion in its second quarter earnings call.

Johnson & Johnson (JNJ) – Johnson & Johnson shares gained 0.8% in trading early in the morning after the drug company said its Covid-19 booster was 94% effective when given two months after the first dose in the United States. The company said the booster increases antibody levels four to six times higher than a single injection

Apple (AAPL) – Apple shares rose 0.9% in pre-market after a Wall Street Journal report that the tech company is working on iPhone features to help identify depression and the cognitive decline. The features would use data from the sensors to help detect these health issues, the Journal said, citing people familiar with the matter.

Chevron (CVX), Exxon Mobil (XOM) – Oil inventories rebounded in pre-market as crude prices rose. Chevron and Exxon Mobil each gained more than 1% in pre-market. Stocks were hit in Monday’s liquidation as concerns about global economic growth pushed oil down.

Enphase Energy (ENPH) – Enphase Energy shares rose 1.8% in trading early in the morning after KeyBanc launched hedging the stock with an overweight stance. The company said the solar energy industry has a solid foundation and growing opportunities.

Vail Resorts (MTN) – Shares of Vail Resorts rose 1.7% in the pre-market after KeyBanc upgraded the stock to overweight to the sector weighting. KeyBanc said Vail Resorts is expected to benefit from strong demand for winter vacations.

Big Lots (BIG) – Shares of Big Lots fell 1.3% in trading early in the morning after Piper Sandler lowered the retailer to neutral from the overweight. The company said ending fiscal stimulus would hurt Big Lots.