Stocks making the biggest moves premarket: MRNA, LITE, INTC
Check out the companies making the biggest moves premarket: Moderna — The biotechnology company was up almost 9% after a U.S. citizen tested positive for the hantavirus. Another American had symptoms for the virus, but had yet to test positive, the Associated Press reported . Moderna last week announced that it was in the early-stage development of a vaccine for hantavirus. Lumentum — The stock rose nearly 5% on news it will join the Nasdaq 100 index. The company will replace CoStar on May 18. Constellation Energy — The energy company jumped 4% after it reported better-than-expected revenue of $11.12 billion in its first-quarter financial report. Analysts polled by FactSet expected revenue of $8.46 billion from the clean energy company. Adjusted earnings also came in above estimates at $2.74 per share compared to estimates for $2.54 in earnings per share. Intel — Shares jumped another 5.5% as the rally in the chipmaker following its first-quarter earnings report in April continues. Intel is now up almost 100% from its trading levels before its earnings report after the bell on April 23. Mosaic — The phosphate and fertilizer producer fell 5% after its first-quarter earnings disappointed. Mosaic reported adjusted earnings of 5 cents per share, well below an LSEG estimate of 24 cents per share.
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