The exterior of Sweetgreen's Naperville location
Source: Sweetgreen
Check retired the companies making headlines earlier the bell:
JetBlue Airways — JetBlue Airways declined 1.3% successful premarket trading aft the institution said it would extremity its concern successful the northeastern U.S. with American Airlines and absorption connected Spirit Airlines. Shares of American Airlines declined astir 0.9%, portion shares of Spirit Airlines popped 2.3%.
Meta Platforms — The societal media elephantine added astir 2% successful premarket trading aft the motorboat of Threads, a nonstop rival to Twitter. Meta CEO Mark Zuckerberg said connected his Threads relationship aboriginal Thursday that 10 cardinal radical had signed up for the level successful 7 hours aft launching.
Sweetgreen — Sweetgreen jumped much than 4% aft Bank of America upgraded the banal to bargain from neutral. The steadfast cited the crockery chain's increasing ft traffic, arsenic good arsenic its plans to automate operations.
Keurig Dr Pepper — Shares added astir 2% aft being upgraded by Morgan Stanley to overweight from adjacent weight. The Wall Street steadfast said the stock's valuation was excessively debased amid highly disposable refreshment beverage trends.
Bank of America — Shares of Bank of America were small changed successful premarket trading aft the slope announced that it was hiking its quarterly divided to 24 cents per stock from 22 cents. The summation of astir 9% puts the bank's dividend output astatine astir 3.3%, based connected Wednesday's closing price. The hike comes days aft Bank of America said it was discussing with the Federal Reserve differences successful the results betwixt the cardinal bank's accent trial and an interior mentation of the test.
Microsoft — Microsoft added 0.8% successful the premarket. Morgan Stanley hiked its terms people connected the tech giant, saying artificial quality could bring the marketplace valuation of the steadfast to supra $3 trillion.
Plug Power — Plug Power shares roseate 1.8%. Citi initiated sum of the steadfast with a bargain rating, saying it could go 1 of the largest greenish hydrogen suppliers successful the world.
Textron — Citi initiated sum of craft shaper Textron with a bargain rating, saying the banal is acceptable for a comeback this year. Shares roseate astir 0.9% successful premarket trading.
— CNBC's Brian Evans, Michelle Fox and Jesse Pound contributed reporting