Take a look at the stocks experiencing significant movements in premarket trading:
1. Bloomin’ Brands: The restaurant company witnessed a surge of over 5% following its announcement of two new board members. It is the parent company of Outback Steakhouse.
2. Coinbase and Marathon Digital: Companies associated with cryptocurrencies observed a sharp decline as the price of bitcoin fell by over 5%.
3. Sofi Technologies: Shares of Sofi Technologies plummeted by more than 7% after being downgraded to underperform by Keefe, Bruyette & Woods, from their previous market performance rating.
4. Charles Schwab: The brokerage firm experienced a decline of approximately 1.5% after Goldman Sachs downgraded Charles Schwab’s rating to neutral from buy.
5. PGT Innovations: The window and door maker saw a rise of nearly 3% in its shares following the announcement of an unsolicited buyout offer.
6. Apple: The tech giant’s shares decreased by less than 1% on Wednesday, extending a loss of more than 3% from the previous session.
7. Disney: Shares of the entertainment giant increased slightly by less than 1% after Reuters reported that activist hedge fund Blackwells Capital will nominate three directors for Disney, competing with a slate from Trian Fund Management.
Source (CNBC)
