Stocks making the biggest moves in the premarket: Under Armour, Translate Bio, Clorox and more

Here are some of the most important movers in the premarket.Under Armour (UAA). Under Armour shares rose 4.5% in premarket after the athletic apparel manufacturer beat estimates on top and bottom lines. The company also raised its full-year outlook. Under Armour reported quarterly earnings at 24 cents per share, against a consensus estimate at 6 cents per share.Translate Bio (TBIO), a French drugmaker Sanofi, agreed to purchase the U.S.-based biotech firm for $3.2 billion or $38 per share cash. Translate Bio is a specialist in mRNA technology. This type of technology was used to create the Moderna Covid-19 and Pfizer vaccines. Premarket trading saw Translate Bio share prices soar by 29.6%Clorox (CLX). Clorox fell 8.6% in premarket after the household products manufacturer missed top and bottom line forecasts for its most recent quarter. Clorox sales dropped from last year, as consumers stockpiled on the brand's products during the pandemic.Eli Lilly (LLY), the drugmaker, lost 1.7% in premarket trades, falling 2 cents shy of estimates. Quarterly earnings were $1.87 per share. Although revenue beat expectations, Lilly's overall results were affected by lower sales of Covid-19 therapies. More Americans were vaccinated.Premarket trading saw Marriott (MAR) gain 1.8% after the hotel operator reported quarterly earnings at 79c per share. This compares to a consensus estimate of 45 cents per share. The rebound in travel demand helped to double revenue, but it was slightly below Wall Street's expectations.Take-Two Interactive, (TTWO), Take-Two Interactive lost 4.3% premarket trading following a weaker-than-expected outlook announcement and delays in some of its game releases. With a quarterly profit of $1.01 per shares, the video game producer beat expectations by 12 cents per share. Take-Two's revenues also exceeded Wall Street forecasts.BP (BP). BP's premarket trading surged 6.3% after reporting better-than-expected quarterly profits and revenue. This was due to higher oil prices. The energy producer announced a 4% dividend increase and an increase to its share-buyback program.Stellantis (STLA). Stellantis has raised its full year profit margin outlook following strong financial results in the first half. This was aided by record North American margins. The positive results were achieved despite the 700,000 vehicle production cuts caused by the global chip shortage. Stock rose 5.3% in premarket.Micron Technology (MU), Micron's first ever dividend was established. The chip maker will pay 10 cents per share of cash on October 18. Micron Technology (MU) Micron announced that it has updated its share buyback policies to buy more shares when prices are low, and less when they are high. Micron shares gained 1.9% on the premarket.Simon Property Group (SPG), Simon Property shares rose 2.8% premarket trading after the company reported that sales at its shopping centers had returned to pre-pandemic levels. The largest U.S. mall operator hopes that the improved results will encourage retailers to sign new leases, and fill the space that was lost during the pandemic.SolarEdge Technologies, (SEDG) SolarEdge posted better-than-expected earnings for the quarter. The solar energy company also provided a positive current-quarter forecast. SolarEdge grew 11.4% in premarket.Reynolds Consumer Products (REYN), Reynolds beat expectations by one penny per share with quarterly earnings at 39 cents per shared. However, revenue fell short of Street expectations. Reynolds Wrap, a maker of Hefty garbage bags, and Reynolds Wrap stated that it was happy with the results despite higher input costs and supply chain problems. Premarket action saw Reynolds lose 3.6%