Stocks making the biggest moves premarket: Cal-Maine, Tesla, Alibaba and others

Check out the companies that are making news.

The nation's largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. The bottom line was hit by higher costs for packaging and labor. Cal-Maine shares fell in the premarket.

After news that CEO Musk completed exercising all his stock options for next year, the company's stock rose 1.4% in premarket trading. The end of recent stock sales by Musk is a sign of the end of the tax bills generated by those options.

According to a report, the China-based e-commerce giant is considering selling its 30% stake in social media advertising company Weibo to the state-owned Shanghai Media Group. Weibo was lower by 0.4% in premarket action.

The intimate apparel retailer announced a $250 million accelerated share repurchase program.

D.A. Davidson rated the internet content delivery company a "BUY" in new coverage. The firm set a price target of 143 per share.

Didi was down 2.5% in premarket trading after it was reported that the Chinese ride-sharing company will use the "listing by introduction" method to list in Hong Kong. That method would not raise capital.

The drug maker's shares fell 3% in the premarket, which could extend the stock's losing streak to 7 days. Over the past 6 sessions, BioNTech has fallen 16%. Moderna has fallen for the past six sessions and has fallen 18% over that time. Moderna was down in premarket action.

FuelCell Energy lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. The stock fell 4.6% in premarket trading.