Stocks making the biggest moves premarket

Check out the company stocks making headlines before the bell:

Boeing (BA) – Despite announcing an unexpected quarterly loss and lower-than-expected revenue, Boeing’s stock rose 1% in the premarket. Even though it was challenging to increase commercial aircraft production, the jet manufacturer kept its annual cash flow target.

Hilton Worldwide (HLT) – After posting better-than-expected quarterly earnings and improving its full-year projection, Hilton increased by 2% in the premarket. Strong travel demand continues to be advantageous to the hotel operator.

HOG Harley-Davidson – The renowned motorcycle manufacturer’s quarterly earnings exceeded top and bottom line projections thanks to higher shipments and competitive pricing. In early trade, Harley stock increased 2.5%.

Waste Management (WM) – Following the release of better-than-anticipated quarterly profits, Waste Management shares increased by 3% in premarket trading. The business said that it benefited from strong cost management and ongoing strength in its waste collection sector.

Kraft Heinz (KHC) – Following its quarterly results, which saw it meet top and bottom line predictions while successfully raising pricing, the food producer’s shares increased by 3.2%. That countered the declining demand.

Google (GOOGL) – Following the release of lower-than-expected quarterly revenue and earnings, Alphabet’s stock fell 6% in the premarket. The Google division of Alphabet experienced slower sales growth for the fifth quarter in a row, and YouTube’s ad revenue fell for the first time since the firm started separating out the unit’s performance.

Microsoft (MSFT) – Despite beating expectations on both its top and bottom lines, Microsoft lost 6.5% of its value in the premarket after its quarterly reports. Microsoft anticipates a sharp fall in sales of personal computers, which will negatively impact demand for its Windows operating system. The corporation also anticipated effects of a stronger US dollar.

Visa (V) – As payment volumes increased, Visa reported third-quarter profit and revenue that were higher than projected. Shares of Visa increased 1.8% in the premarket.

Spotify (SPOT) – Following a wider-than-expected loss, Spotify announced a 6.2% drop in premarket trading of its shares. Analyst projections for both Spotify’s income and the number of active monthly users were marginally surpassed by the streaming service.

Mobileye (MBLY) – The initial public offering price for Mobileye was $21, which was higher than the anticipated range of $18 to $20. The self-driving car systems manufacturer was acquired by chipmaker Intel (INTC) in 2017 for $15.3 billion, and Intel will continue to exercise voting control.

Mattel (MAT) – After lowering its full-year earnings prediction, toy manufacturer Mattel saw a 5.5% decline in premarket trade. It intends to enhance Christmas marketing to counteract consumer resistance brought on by inflation. For its most recent quarter, Mattel reported more profits than analysts had anticipated, but somewhat lower revenue.