Stocks making the biggest moves premarket: Dick’s Sporting Goods, Advanced Micro Devices, Kura Oncology & more
Check out the companies making headlines before the bell: Dick’s Sporting Goods — Shares plunged more than 12% following a revenue disappointment out of the sports equipment retailer, which cited a “challenging” market for footwear. Dick’s posted sales of $5.59 billion, lower than the $5.65 billion expected by analysts polled by LSEG. Advanced Micro Devices — The chip stock gained 2% after Raymond James upgraded semiconductor company to strong buy from outperform, with a new $641 price target that implied 40% upside from Monday’s close. The analyst expects AMD will overtake Intel in the central processing unit market. Semiconductors — Chip stocks rose as a group in the premarket, with Intel advancing more than 3%. Nvidia also rose nearly 1%. The VanEck Semiconductor ETF (SMH) climbed more than 1%. Kura Oncology — The biotech stock climbed 11% after CEO Troy Wilson disclosed buying up 100,000 shares of common stock in a regulatory filing . Navitas Semiconductor — Shares jumped about 5% after Navitas Semiconductor said it will power management solutions company Claros in a deal valued at $232.8 million in cash and shares. United Airlines — The airline stock gained 2.9% after United Airlines said 2027 flights will span Sardinia to Okinawa .
