Stocks making the biggest moves premarket: Lucid, Nvidia, Dollar General, Sunrun and more

Check retired the companies making headlines successful aboriginal greeting trading.

Lucid Motors — The electrical conveyance shaper saw shares descent 14% premarket after reporting that fourth-quarter revenue fell abbreviated of expectations. Lucid said it built conscionable 7,000 of its Air luxury sedans past twelvemonth amid manufacturing challenges. Bank of America downgraded the shares Thursday, citing near-term request concern.

Nvidia – Shares of the spot elephantine leaped much than 9% successful aboriginal trading aft Nvidia posted beats Wednesday connected the apical and bottommost lines for its latest quarter. Wall Street praised Nvidia’s results Thursday, calling AI opportunities the adjacent large maturation vector for the chipmaker.

Dollar General — Shares fell astir 5% aft Dollar General reported preliminary results for its fourth-quarter and fiscal twelvemonth 2022 that were little than anterior guidance and weaker than statement expectations from FactSet.

eBay — The online auction level fell 5% contempt posting fourth-quarter net and gross that topped analysts' estimates arsenic gauged by Refinitiv. Earnings came successful astatine $1.07 per share, but the institution issued net guidance for the existent 4th betwixt $1.05 and $1.09 per share. Wall Street expects $1.06.

Etsy — Shares of the e-commerce institution jumped 5% pursuing the company's quarterly results. Etsy posted gross of $807 million, smashing Refinitiv statement estimates of $752 million. The institution besides forecast existent 4th gross of $600 cardinal and $640 million, compared to estimates of $622 million.

Bath & Body Works — Shares fell much than 4% aft the institution reported fourth-quarter earnings. The bath store retail concatenation issued weaker-than-expected first-quarter and full-year guidance arsenic measured by FactSet. Otherwise, it reported a bushed connected the apical and bottommost lines, according to statement estimates from Refinitiv.

Bumble — The online dating tract roseate much than 3% aft it reported better-than-expected 4th fourth net and revenue. Bumble posted gross of $191 million, supra the $186 cardinal estimation from analysts polled by FactSet. Revenue besides exceeded analysts' expectations, astatine $242 cardinal versus estimates of $236 million.

Mosaic — Shares of the fertilizer shaper roseate 2% aft it reported fourth-quarter gross of $4.48 cardinal that topped analysts' estimates of $4.17 billion, according to FactSet. Earnings for the 4th fell abbreviated of estimates.

Alibaba — The Chinese e-commerce elephantine rallied astir 6% aft its fiscal third-quarter results bushed expert estimates. Revenue was 247.76 cardinal Chinese yuan ($35.92 billion), versus the 245.18 cardinal Chinese yuan expected. Earnings per American depository stock was 46.82 cardinal yuan compared to 34.02 cardinal yuan expected by analysts.

Sunrun — The star institution roseate 1.5% aft its fourth-quarter net topped Wall Street's expectations. Earnings per stock were 29 cents, compared to 1 cent expected, per StreetAccount estimates. Its adjusted nett income came successful astatine $63 million, supra the $37.3 cardinal expected.

Moderna — The cause shaper announced with Merck that the Food and Drug Administration has granted them breakthrough status for a personalized crab vaccine for patients with high-risk melanoma. Moderna roseate much than 1%, and Merck roseate little than 1%.

Intel — Shares of the spot shaper roseate much than 1% aft Morgan Stanley upgraded the banal to adjacent value from underweight, aft the institution chopped its dividend by astir 60%. Speculation astir the anticipation of a dividend chopped has weighed negatively connected the stock, but Morgan Stanley said it's "the close happening to bash longer term" and that Intel has "limited downside" fixed its underperformance.

 — CNBC's Sarah Min and Michelle Fox contributed reporting