Check out the companies making the biggest moves in premarket trading:
14 hours ago
Logitech International — Shares of the computer accessories company fell more than 10% after Logitech said CEO Bracken Darrell is leaving for an outside opportunity. Citi downgraded the stock to neutral from buy, saying Logitech needs to provide more clarity about its long-term plans after the leadership change.
Vodafone — The cell phone network added nearly 3% in premarket trading after Vodafone and CK Hutchison agreed to merge their U.K. businesses.
United Health — Shares fell nearly 6% premarket following comments by United Health chief financial officer John Rex at a conference this week that there has been elevated volumes of non-urgent surgeries in the second quarter. Other managed care companies also sank, with Humana sliding 7.5% and Cigna down 3.6%.
Shell — The European oil stock was up 2.3% after Shell boosted its dividend and share buybacks and said it would keep oil production steady until 2030.
SoFi Technologies — Shares added 3.25% premarket. BTIG named SoFi as a top pick in the fintech sector as student loan payments resume. The Wall Street firm’s $14 price target implies more than 46% upside from Tuesday’s close.
— CNBC’s Hakyung Kim and Jesse Pound contributed reporting.