The VMS EVE aircraft carries the VSS Unity spacecraft during a flight test.
Virgin Galactic
Check out the companies that made the biggest moves in premarket trading:
Virgin Galactic — Shares surged nearly 45% in premarket trading, a day after the company announced its the first commercial space tourism flight is scheduled for later in June. Its second commercial flight is expected in early August, with monthly operations thereafter, the company said.
Adobe — Tech stocks rose nearly 5% after beating earnings and sales after Thursday’s bell. The company also raised its forecast for the fiscal third quarter and full year. It expects to earn between $15.65 and $15.75 per share in fiscal 2023 on revenue in the range of $19.25 billion to $19.35 billion, which is at the high end of estimates.
i robot — Shares surged more than 20% after UK regulator the Competition and Markets Authority approved Amazon acquisition for $1.7 billion Roomba vacuum cleaners. Amazon shares stagnated.
SoFi technology — Shares down about 6% after downgrading both Bank of America and Piper Sandler to neutral from buy. Wall Street firms reported high valuations on the stock, with Piper Sandler calling the financial technology firm a “long-term winner.” Oppenheimer also downgraded the stock on Thursday due to its recent appreciation.
Cava group — The newly debuted restaurant stock rose more than 4% in premarket trading Friday, extending its price massive gains from Thursday’s session. Cava closed at $43.78 a share on its first day of trading on Thursday, 99% above its IPO price of $22 a share.
Micron Technologies — Chip stocks rose nearly 3% after a. Bloomberg report that Micron is close to closing a $1 billion deal to build a new factory in India.
DraftKings — Shares rose more than 1% after the online betting company made a $195 million bid for PointsBet’s US assetssurpassing Fanatics.
— CNBC’s Jesse Pound contributed reporting.