Stocks making the biggest moves before the bell: Starbucks, CarMax, Virgin Galactic and more

Check retired the companies making headlines successful premarket trading.

Starbucks — The java store concatenation slid 1.1% aft a national representing workers said some stores volition onslaught opening Friday pursuing claims that the institution has not allowed Pride period decor successful its cafes. The national said workers astatine much than 150 stories person agreed to articulation the strikes taking spot implicit the adjacent week, with much moving connected authorizations.

CarMax — The utilized car retailer gained 6.8% aft beating Wall Street expectations connected first-quarter revenue. CarMax reported $7.69 billion, up of the $7.49 cardinal expected by analysts polled by StreetAccount.

Virgin Galactic — Shares tumbled 12.4% successful premarket trading aft the abstraction tourism institution said it raised $300 million done a communal banal offer. Virgin Galactic said it wants to rise different $400 cardinal arsenic the institution looks to grow and amended its spacecraft fleet.

Under Armour — Shares shed astir 3% successful premarket trading pursuing a downgrade by Wells Fargo to adjacent value from overweight. The Wall Street slope said the diversion covering institution had overexposure to North America, excess inventory and a CEO astatine the helm for conscionable six months. On Thursday, Under Armour chopped 50 jobs astatine its Baltimore headquarters, The Baltimore Sun and Footwear News reported.

Wayfair — Shares of the location furnishings retailer roseate much than 1% aft MoffettNathanson upgraded Wayfair to marketplace execute from underperform. The concern steadfast said Wayfair appears to beryllium benefitting from the bankruptcy of Bed Bath & Beyond.

C3.AI — Shares shed 0.8% premarket aft Deutsche Bank said the institution did not differentiate itself from different artificial quality names astatine its capitalist day. The steadfast reiterated its merchantability rating.

Accenture — The consulting institution mislaid 1.5%, adding to its diminution from the erstwhile session, arsenic investors continued to instrumentality nett pursuing its net report. On Thursday, Accenture reported net per stock and gross that bushed expert expectations. Despite the station net losses, Accenture shares are up 15% twelvemonth to date.

— CNBC's Jesse Pound and Michelle Fox contributed reporting