Stocks making the biggest moves in the premarket: AutoZone, Take-Two Interactive, bluebird bio and more

Take a look astatine immoderate of the biggest movers successful the premarket:

AutoZone (AZO) – AutoZone gained 3.9% successful premarket enactment aft the car parts retailer reported better-than-expected nett and gross for its latest quarter. AutoZone's same-store income roseate 6.2% compared to a twelvemonth ago, doubly what analysts had predicted amid continued spot successful its commercialized business.

Take-Two Interactive (TTWO) – Take-Two shares slid 5.8% successful the premarket aft Bloomberg reported that a hacker released gameplay from its upcoming Grand Theft Auto IV crippled online. It's said to beryllium 1 of the biggest leaks successful gaming history.

bluebird bio (BLUE) – bluebird bio rallied 7.3% successful premarket trading aft the Food and Drug Administration approved the company's cistron therapy for a uncommon and lethal encephalon illness successful children.

Wix (WIX) – Wix shares jumped 4.5% successful premarket enactment aft activistic capitalist Starboard Value revealed a 9% involvement successful the web improvement level company.

Coinbase (COIN) – Coinbase fell 5% successful the premarket, arsenic multimonth lows for cryptocurrencies measurement connected sentiment for the crypto speech relation and different crypto-related stocks. MicroStrategy (MSTR) – the concern analytics institution which has billions successful bitcoin connected its equilibrium expanse – besides fell, down 4.9%.

FedEx (FDX) – FedEx remains connected ticker aft plunging 21.4% successful Friday's trading pursuing an net warning, its biggest-ever one-day decline.

NCR (NCR) – NCR slid different 1.3% successful the premarket connected apical of a 20.3% plunge Friday aft Morgan Stanley downgraded the banal to "equal-weight" from "overweight." The Friday diminution followed quality that NCR would abstracted into 2 abstracted companies, and Morgan Stanley said immoderate unlocking of worth from that determination whitethorn instrumentality a agelong clip to play out.

Adobe (ADBE) – Wells Fargo downgraded the bundle company's banal to "equal weight" from "overweight," saying Adobe's planned acquisition of online plan steadfast Figma is simply a bully merchandise acceptable but that the $20 cardinal terms tag leaves small country for error. Adobe fell 1.3% successful premarket trading aft falling 16.8% past Thursday and different 3.1% connected Friday.

Theravance Biopharma (TBPH) – Theravance has initiated a $250 cardinal banal buyback program. As portion of that program, it volition bargain the 9.6 cardinal shares held by pharmaceutical institution GSK (GSK). Theravance added 3.2% successful the premarket.