Stocks making the biggest moves premarket: Tesla, Meta, DR Horton and more

Check retired the companies making headlines earlier the bell:

Tesla (TSLA) – SEC filings amusement CEO Elon Musk sold astir $4 cardinal successful Tesla shares successful the days pursuing his acquisition of Twitter. Tesla shares added 1.5% successful the premarket.

Meta Platforms (META) – The Facebook parent's shares rallied 4.3% successful premarket trading aft the institution announced it was laying disconnected 13% of its workforce, oregon much than 11,000 workers.

DR Horton (DHI) – The location builder's banal slid 3.1% successful the premarket aft it missed apical and bottommost enactment estimates for its latest quarter. It besides said it would not supply guidance owed to lodging marketplace uncertainty.

Walt Disney (DIS) – Walt Disney tumbled 7.4% successful the premarket aft missing apical and bottommost enactment estimates for its latest quarter. Disney's profits took a deed from higher costs astatine its Disney+ streaming service, and the institution plans to chopped selling and contented budgets.

Affirm Holdings (AFRM) – Affirm Holdings plunged 12.2% successful premarket trading aft the buy-now-pay-later steadfast reported a wider-than-expected quarterly loss. Affirm has been peculiarly fashionable among buyers of Peloton bikes, and is seeing an interaction from slowing Peloton instrumentality sales.

Upstart Holdings (UPST) – Upstart plummeted 23.8% successful premarket enactment aft the AI-driven lending level issued a overmuch weaker-than-expected gross forecast for the existent quarter, citing challenging economical conditions.

AMC Entertainment (AMC) – AMC reported a quarterly nonaccomplishment of 22 cents per share, smaller than the 26 cents nonaccomplishment anticipated by analysts, and gross topped consensus. CEO Adam Aron said AMC's results were impacted by brushed container bureau results successful the second portion of the quarter. AMC fell 3.9% successful premarket action.

Lucid Group (LCID) – Lucid slid 8.3% successful the premarket aft saying it whitethorn rise up to $1.5 cardinal done banal income to money the electrical conveyance maker's operations.

Axon Enterprise (AXON) – Axon rallied 8.5% successful premarket trading aft the Taser shaper reported better-than-expected nett and gross for the 3rd quarter. It besides raised its full-year outlook, citing robust demand.

Sprouts Farmers Market (SFM) – Sprouts Farmers Markets staged an 8.2% off-hours rally connected better-than-expected third-quarter results. The integrated products grocer besides raised its full-year forecast, saying it benefited from an expanding accent connected wellness and wellness by consumers.