Here are some of the most active stocks in premarket trade. U.S. stock futures were pointing to a lower start ahead of the release of inflation data.
Boeing stock BA, +1.15% fell 3% as the airplane maker halted deliveries of the 787 Dreamliner. The Federal Aviation Administration said deliveries are temporarily halted as Boeing is conducting additional analysis on a fuselage component.
Beyond Meat BYND, +0.23% shares jumped 14% after reporting a narrower-than-forecast loss. Analysts at Mizuho Securities USA say a new strategy, that narrows to channels and segments resonating the most with consumers, may build a better foundation for multi-year revenue growth.
Block shares SQ, +1.66% rose 7% as the payments company previously named Square forecast earnings in line with Wall Street estimates.
Cinemark Holdings’ stock CNK, +2.51% fell 6%, after the movie theater operator reported fourth-quarter losses that were wider than expected, although revenue beat forecasts.
Nektar Therapeutics stock NKTR, -1.66% tumbled 30% after a lupus study failed to meet its primary endpoint, and the company said that partner Eli Lilly LLY, -0.47% would not proceed with a Phase 3 study.
Sweetgreen shares SG, -4.72% slumped 9% after the salad-focused fast-food chain reported a fourth-quarter loss that was wider than analyst estimates and guided for revenue below Wall Street estimates.
