Take a look at some of the biggest moves.
The news that it delivered over 300,000 vehicles in the fourth quarter was enough to send the stock soaring. The quarter was 70% above the year-ago levels and 30% higher than the previous one.
McDonald's was upgraded to "overweight" from "neutral" atPiper Sandler, which is a sign that the restaurant chain can deliver on increasing preferences for drive-through and higher demand for chicken and hamburger offerings. McDonald's rose in premarket trading.
The China-based electric vehicle maker reported a 50% increase in deliveries in December.
Xpeng exceeded estimates by delivering 16,000 vehicles last month and rallied 2.5% in premarket trading. It was up 181% from a year earlier.
Li Auto delivered 14,087 electric vehicles in December, a gain of 130% over the same month a year ago. The shares of Li Auto were up in premarket action.
ODP jumped 3.1% in premarket trading after it announced the sale of its CompuCom unit in a deal valued at up to $305 million. $200 million was added to the OfficeMax parent's stock buy back program.
The payment service gained 1.9% in the premarket after a upgrade from a "market perform" to an "outperform" from a "sector perform" at the bank.
The bank's shares added 1.4% in premarket trading after the bank was upgraded to "overweight" from "equal weight". Net interest margins are expected to improve off historic lows, which is expected to lead to banks beating the market in 2022, according to the analysts atBarclays.
Goldman said that Advanced Micro Devices is one of the companies that will see continued strength as sector out performance becomes more muted in the future. The premarket was up 1.2%. The other top picks were Marvell Technology and Micron Technology.
Callaway Golf was named a top pick by Compass Point, which said it was on an "operational roll" with growth expected across all of its businesses. Callaway was up 1.9% in the premarket.
