Stocks making the biggest premarket moves: Meta, Rivian, WW International, KeyCorp and more

Check retired the companies making the biggest moves successful premarket trading:

Meta — Meta shares gained 2% aft a Bloomberg report announced that the institution is readying different circular of layoffs arsenic soon arsenic this week. The institution antecedently chopped 13% of its workforce successful November arsenic portion of CEO Mark Zuckerberg's efforts to marque the institution much profitable.

Rivian — The electric-vehicle shaper dropped astir 7% aft announcing Monday it plans to merchantability $1.3 cardinal worthy of bonds. The superior volition assistance facilitate the motorboat of Rivian's R2 vehicles, a spokesperson told Reuters.

WW International — Shares of institution formerly known arsenic Weight Watchers jumped arsenic overmuch arsenic 17.6% successful premarket trading aft announcing a woody to get telehealth steadfast Sequence. The determination could assistance WW propulsion into the anti-obesity cause market. WW besides released fourth-quarter results, showing shrinking gross twelvemonth implicit twelvemonth and a nett nonaccomplishment of $32.5 million. The banal is inactive trading beneath $5 a share, however, with a tiny marketplace cap.

Joby Aviation — The electric-aircraft shaper fell much than 4% aft being downgraded to merchantability from hold by Deutsche Bank. The Wall Street steadfast said the aircraft's value has raised questions and led him to wonderment if the plan is "overly aggressive."

Dick's Sporting Goods -- The sporting-good retailer rallied much than 6% aft its fourth-quarter results topped Wall Street's expectations. Same-store income accrued 5.3%, much than treble analysts' estimates of 2.1%, according to StreetAccount.

KeyCorp — The slope shed 2.3% aft issuing full-year nett involvement income guidance that was little than anterior guidance, according to an 8-K filing connected Monday.

Juniper Networks — The web hardware institution added much than 1% aft Goldman Sachs initiatived coverage of the banal with a bargain rating. Its terms people of $39 implies 24.5% upside from Monday's close.

Mineralys Therapeutics — The health-care institution gained astir 3% aft Credit Suisse initiated sum of the stock with an outperform standing and $40 terms target, which suggests upside of much than 100%. The Wall Street steadfast said determination is simply a ample unmet request for resistant hypertension attraction and said Mineralys has "potential best-in-class" data.

Hesai Group — The banal gained 1.4% successful airy premarket trading aft Morgan Stanley initiated sum of the stock with an overweight standing and $26.50 terms target, which implies astir 40% upside. The Wall Street steadfast said Hensai "outshines peers, with its superior standard and margin, and its beardown task pipeline."

— CNBC's Jesse Pound, Hakyung Kim and Alex Harring contributed reporting.