Stocks making the biggest moves premarket: AAL, MRVL, MSTR
Check out the companies making the biggest moves premarket: Airlines — The group was under pressure Monday as investors worry that renewed U.S.-Iran tensions will keep energy prices elevated and push consumers to travel less. American Airlines , Delta Air Lines and United Airlines were all down more than 2% before the bell. JetBlue Airways shed 1.2%. Marvell Technology , Broadcom — Shares jumped more than 7% after a report by The Information said the company is in talks with Google to build two new AI chips. Broadcom, which recently agreed to produce future versions of Google’s AI chips, fell nearly 1.5% on the report. TopBuild — The installer and distributor of insulation materials jumped more than 17% after QXO announced it would acquire the company for $17 billion. In a release, QXO said said the acquisition will create a higher-margin business and it will be immediately accretive to the company’s earnings. AST SpaceMobile — Shares fell 15% after a satellite launched over the weekend was placed into the wrong orbit. The company said in a release it expects the cost of the satellite to be recovered by an insurance policy, and it still plans to conduct orbital launches once every month to two months in 2026. Crypto-related stocks — The group fell after bitcoin prices declined more than 4% over the weekend, though they recovered some losses in Monday trading and were back above $75,000. Online trading platforms Robinhood and Coinbase fell more than 2%. Bitcoin treasury company Strategy declined nearly 2.5%. Energy stocks — A slew of names were lifted by rising oil prices as tensions between the U.S. and Iran heated up once again. APA , Coterra Energy and ConocoPhillips all rose by more than 2%. EOG Resources and Devon Energy were up more than 1.5%. Chevron and Exxon Mobil were in the green by 1%. Cruise lines — Concerns over fuel costs rising again and consumer demand weighed on these stocks on Monday. Carnival , Norwegian Cruise Line and Royal Caribbean Group all fell more than 2.5%. Newmont , Freeport-McMoRan — Prices of both precious and industrial metals fell, as investors saw the dollar strengthen on Monday and worried about economic growth amid higher oil prices again. Gold prices fell nearly 1.5%, sending gold miner Newmont down 2%. Copper prices also fell more than 1.5%, with Freeport-McMoRan declining 2% as well. Compass Pathways — The biotechnology company surged nearly 25% after President Donald Trump signed an executive order that directs his administration to speed up reviews of psychedelic drugs. Compass is conducting studies of psychedelics to create drugs for treatment-resistant depression and PTSD. — CNBC’s Fred Imbert contributed reporting.
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