Stocks making the biggest moves in the premarket: 3M, Johnson & Johnson, General Electric and more

Take a look at some of the biggest moves.

3M's quarterly earnings were 30 cents a share above estimates and the company rose 1.9% in the premarket. 3M said its business improved in December as supply chain issues and other concerns abated.

Johnson & Johnson beat estimates by a penny a share, with quarterly earnings of $2.13 per share. The company gave an upbeat full-year forecast, however fourth-quarter revenue came in below analysts' forecasts. Its shares fell in premarket trading.

General Electric fell in premarket action as fourth-quarter revenue fell below Street forecasts. Quarterly earnings came in at 92 cents a share, compared to a consensus estimate of 85 cents a share. The company expects improved cash flow in the future.

American Express reported better-than- expected profit and revenue for the fourth quarter. The earnings came in at $2.18 per share, well above the consensus estimate.

The recreational vehicle maker beat estimates by 13 cents a share, with quarterly profit of $2.16 per share. Revenue beat the consensus. The profit was lower than a year ago as Polaris dealt with higher costs.

IBM beat estimates by 5 cents a share and posted a profit of $3.35 per share. Revenue beat estimates in IBM's cloud computing business. After the company declined to give an earnings forecast, IBM shares experienced some volatility in after-hours trading, but recovered to gain 1.5% in premarket trading.

The Swedish telecom equipment maker reported better-than- expected quarterly earnings, with the company benefiting from the roll out of 5G networks around the world. In the premarket, shares surged.

The maker of computer peripheral equipment saw its sales fall 2% in the latest quarter, as it faces tough comparisons to a year ago. Logitech's shares jumped 4.5% in premarket trading after the company raised its sales forecast.

The company's quarterly profit was 21 cents per share, 9 cents shy of the consensus estimate. The revenue of the pet products seller came in short of expectations. The stock was down in the premarket.

Zions shares rose in the premarket after the company reported better than expected results. It is the latest in a series of positive reports from regional banks.

Allscripts issued preliminary quarterly earnings and revenue numbers that exceeded expectations. A new $250 million share repurchase program has been announced by the provider of physician practice management technology. The stock was up 8.6% before the market opened.