Stocks making the biggest moves premarket: Meta, Ford, Honeywell, Caterpillar & more

Check retired the companies making headlines earlier the bell.

Meta — The societal media banal dropped 22.8% aft Meta reported an net miss and a weaker-than-expected fourth-quarter forecast. Meta reported net of $1.64 per stock connected gross of $27.71 billion. Analysts surveyed by Refinitiv were expecting $1.89 per stock connected gross of $27.38 billion. Concern implicit rising spending to physique retired the metaverse besides wounded the stock.

Ford — Shares dropped 1.7% aft Ford reported a nett nonaccomplishment of $827 cardinal successful its astir caller quarter, citing proviso concatenation issues and costs aft dropping its autonomous conveyance portion Argo AI.

Honeywell — The banal precocious 4.6% aft the concern institution bushed net expectations for 3rd quarter, citing beardown maturation successful precocious materials, commercialized aerospace and gathering products businesses.

Caterpillar — Shares popped 5.1% aft Caterpillar reported net that bushed connected the apical and bottommost lines. The operation machinery and instrumentality shaper posted net of $3.95 per stock connected gross of $14.99 billion. Caterpillar was expected to gain $3.16 per stock connected gross of $14.33 billion, according to statement estimates from Refinitiv.

Northrop Grumman — Northrop Grumman declined 3.8% aft missing gross expectations for its 3rd quarter. The defence institution reported gross of $8.97 billion, compared to forecasts of 9.13 billion, according to statement estimates compiled by Refinitiv.

Comcast — The telecommunications banal jumped 6.4% aft Comcast topped net and gross expectations. Comcast reported net of 96 cents per stock connected gross of $29.85 billion, compared to expectations of 90 cents per stock connected gross of $29.65 billion, according to statement estimates connected Refinitiv.

McDonald's — The fast-food elephantine roseate 2.5% aft beating expectations successful its astir caller quarter. McDonald's said postulation is increasing successful its U.S. restaurants adjacent aft raising prices, successful opposition to different quick-service chains that precocious hiked paper prices.

Align Technology — Shares of the Invisalign shaper plunged 19.7% aft Align Technology posted a disappointing net report. The Invisalign shaper reported net of $1.36 per stock connected gross of $890 million. Analysts polled by Refinitiv were forecasting net of $2.18 per stock connected gross of $953 million.

Sleep Number — The banal tumbled 26% aft Sleep Number issued a anemic 4th fourth outlook due to the fact that of softer request and semiconductor proviso concatenation issues.

ServiceNow — ServiceNow spiked 13.8% aft the bundle institution aft topping net expectations successful its 3rd quarter, though reporting a flimsy miss connected income estimates, according to statement estimates connected FactSet.

Disclosure: Comcast is the proprietor of NBCUniversal, genitor institution of CNBC.