Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more

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

Hasbro (HAS) – The artifact maker's banal slid 5.2% successful the premarket pursuing a double-downgrade to "underperform" from "buy" astatine Bank of America. The determination comes aft BofA conducted what it calls a "deep dive" connected Hasbro's "Magic: The Gathering" trading paper crippled business. BofA said Hasbro has been overprinting cards and destroying the semipermanent worth of the business.

Oatly (OTLY) – The shaper of oat-based drinks saw its banal tumble 11.8% successful the premarket aft it reported a larger-than-expected quarterly nonaccomplishment and gross that fell abbreviated of consensus. Oatly said its results were wounded by a fig of factors including China Covid restrictions, accumulation challenges and a stronger US dollar.

Advanced Micro Devices (AMD) – The spot maker's banal roseate 3.2% successful the premarket aft receiving upgrades astatine some Baird and UBS. The firms cited affirmative manufacture cyclical trends arsenic good arsenic beardown request by information halfway instrumentality manufacturers for AMD's Genoa chip.

Amazon.com (AMZN) – Amazon fell 1.7% successful premarket trading aft Bank of America removed the banal from its "US 1" list, though it maintained a "buy" rating.

Teva Pharmaceutical (TEVA) – Teva was downgraded to "underweight" from "neutral" astatine J.P. Morgan Securities, which cited continuing maturation challenges for the drugmaker. Teva fell 2.3% successful premarket action.

Eli Lilly (LLY), Biogen (BIIB) – Rival Roche's experimental Alzheimer's attraction did not conscionable its superior extremity successful studies. Both Lilly and Biogen besides person Alzheimer's drugs successful their pipelines, and Biogen had said successful September that its experimental attraction had slowed the advancement of the illness by 27%. Lilly added 1.5% successful premarket trading, portion Biogen rallied 5.8%.

Tyson Foods (TSN) – The beef and poultry shaper reported quarterly net of $1.63 per share, missing statement estimates by 10 cents a share. Revenue came successful supra Street forecasts. Tyson added 1% successful premarket action.

Virgin Galactic (SPCE) – In a Securities and Exchange Commission filing, Virgin said a tribunal is giving plaintiffs until Nov. 28 to record an amended people enactment suit against the company. The archetypal suit filed successful May 2021 alleged existent and erstwhile officers and directors made misleading statements astir Virgin's commercialized abstraction formation program, charges which Virgin says are without merit. Virgin shares mislaid 1% successful the premarket.