Stocks making the biggest moves premarket: Bed Bath & Beyond, Dropbox, Transocean and more

Companies are making news in pre market trading.

Bed Bath & Beyond has lost money for several days in a row. The move came after the CFO committed suicide. Bed Bath & Beyond said in a statement that the company was guided through the Pandemic.

The cruise line's shares were called a "long-term buying opportunity" by analysts.

FedEx fell 1.5% after Citi lowered its price target on the stock due to pressures to earnings per share growth.

BTIG upgraded the oil services stock to buy from neutral and said the offshore drilling contractor should improve its balance sheet due to better day rates.

Bank of America started coverage of the file storing and sharing service with a buy rating and said it should be attractive to shareholders.

Signify Health will be acquired by CVS in an $8 billion deal. In premarket trading, shares of Signify fell.

One of the world's largest listings this year is expected to be Volkswagen's listing of sports car brand Porsche.

HSBC upgraded the Belgian beer maker to buy from hold and said the stock could surge from here.