Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more

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A antheral walks retired of Walgreens pharmacy connected March 09, 2023 successful New York City. 

Leonardo Munoz | Corbis News | Getty Images

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

Walgreens Boots Alliance — The retail pharmacy concatenation sank astir 7% aft the institution lowered its full-year net guidance to $4 to $4.05 per stock from its erstwhile forecast of $4.45 to $4.65 per share. It besides reported adjusted net per stock for its fiscal 3rd 4th of $1, missing a Refinitiv forecast of $1.07.

Kellogg — Shares added 2.5% successful premarket trading aft an upgrade from Goldman Sachs to buy. The steadfast said Kellogg was "mispriced" compared to the imaginable maturation accidental offered to investors.

Lordstown Motors — Lordstown Motors tumbled 61% successful the premarket aft the U.S. electrical motortruck shaper filed for bankruptcy protection and sued Taiwan's Foxconn for a woody that came apart.

Delta Air Lines — The question banal added astir 1% successful premarket trading aft Delta forecast full-year adjusted earnings of $6 per share, astatine the precocious extremity of erstwhile guidance. The institution cited beardown request and customers trading up to much costly stock classes arsenic reasons for the much optimistic outlook.

American Equity Investment Life — The banal jumped 15% successful premarket trading aft Bloomberg reported Canadian concern steadfast Brookfield was adjacent to making a woody to bargain the security steadfast for astir $4.3 billion.

Eli Lilly — Shares gained 1.5% successful the premarket. Eli Lilly released objective results Monday that showed its experimental cause retatrutide helped patients suffer up to 24% of their value aft astir a year.

Host Hotels & Resorts — Shares fell astir 2% pursuing a downgrade by Morgan Stanley to underweight from adjacent weight. The Wall Street steadfast said it expects deteriorating trends successful cardinal markets and higher competitory proviso versus its adjacent group.

— CNBC's Sarah Min, Brian Evans, Jesse Pound and Michael Bloom contributed reporting.

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