Stocks making the biggest moves premarket: KB Home, Spotify, Nikola and others

The companies are making news before the bell.

The parent of Olive Garden and other restaurant chains reported quarterly earnings that missed the consensus estimate, with revenue and comparable-store sales also below analyst forecasts. In January, the omicron variant significantly impacted guest demand, staffing levels and costs, but the environment subsequently improved. In the premarket, Darden fell.

The home builder missed estimates by 9 cents with quarterly earnings of $1.47 per share, and their revenue also missed Wall Street forecasts. There were supply and labor issues that hampered the completion of home construction. The shares of KB Home fell in premarket trading.

The agreement between the two companies will allow subscribers to sign up for the service directly through the Play store. Match Group, a dating services operator that has sparred with Google over app store fees, rallied 3.4% following the news of the Spotify news.

The electric truck production began at its Coolidge, Arizona, factory last week, meeting a goal that had been articulated in the company's most recent quarterly earnings report.

After Chairman Ryan Cohen bought 100,000 more shares and raised his stake to 11.9%, the videogame retailer's stock surged 14.5% Wednesday, marking a seventh straight day of gains. There was a decline in premarket trading.

The financial information provider reported an adjusted quarterly profit of $3.27 per share, compared with a consensus estimate of $2.98 FactSet issued an upbeat forecast after revenue topped Wall Street predictions.

The China-based travel services provider reported an unexpected profit for its latest quarter and revenue that exceeded analyst forecasts.

After reporting better-than-expected profit and revenue for the quarter and raising its full-year forecast, H.B. Fuller rallied 5.7% in the premarket. The company implemented price increases to deal with higher costs and is prepared to do so again if necessary.

The office furniture maker reported an unexpected loss for its latest quarter, but revenue exceeded analyst estimates. Steelcase's results were impacted by supply chain disruptions. Its shares fell in premarket trading after it issued a weaker-than- expected forecast.

The maker of keyboards, mice and other computer peripherals added 3.5% in the premarket after Bank of America Securities began coverage with a buy rating. BofA said that the stock is an attractive entry point given the growth prospects and strong record of execution.