Stocks making the biggest moves premarket: Netflix, Roku, SunPower, Beyond Meat and more

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Packages of Beyond Meat Inc.'s plant-based products, Beyond Burger and Beyond Sausage, are displayed astatine a supermarket successful Katwijk, Netherlands, November 19, 2020.

Yuriko Nakao | Getty Images

Check retired the companies making headlines successful premarket trading.

Roku — The streaming supplier climbed 2% earlier the opening bell. A time earlier, the institution announced a concern with Shopify to let purchases consecutive from Roku TV.

Beyond Meat — The works based nutrient alternate added 2% connected Wednesday morning. The institution said Tuesday that its steak merchandise would grow to beryllium present beryllium sold astatine astir 14,000 stores crossed the U.S., including Whole Foods and Wegmans. Beyond Meat shares popped 4% successful the erstwhile session.

SunPower -- The star powerfulness institution soared astir 6% successful premarket trading aft an upgrade from Raymond James, which said the stock's caller weakness is "excessive."

Carvana — The car retailer climbed astir 2% aft an upgrade from JMP to outperform Wednesday morning, with expert Nicholas Jones noting the institution could beryllium connected the cusp of a instrumentality to maturation acknowledgment to "durable positive" EBITDA.

Netflix — The streaming elephantine added 0.4% Wednesday greeting aft UBS accrued its terms people connected Netflix to $525 per share, implying upside of astir 20%. Netflix volition study quarterly results connected July 19.

Holley Inc. — The car parts institution soared much than 15% aft an upgrade to bargain from Bank of America, citing improving income momentum and amended sourcing. JPMorgan Chase upgrades shares to overweight from neutral.

Stellantis — The conveyance shaper gained 2% aft an upgrade to bargain from Bank of America, which said the institution could payment against peers acknowledgment to ample vulnerability to the U.S.

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