Premarket movers: SpaceX, Robinhood, Huntsman and more
SpaceX shares jump on strong post-IPO momentum and trade well above debut See why Huntsman, Robinhood, and Yum Brands also moved in early trading
SpaceX shares rose another 10% in premarket trading, extending strong gains after the company’s recent debut. The stock was trading around $212, well above its $135 IPO price.
Huntsman fell about 10% after announcing an allstock merger with Olin. The combined company will be called OlinHuntsman, and the transaction is expected to close in the first half of 2027. Olin shares were down about 1%.
Other notable movers included Dave & Buster’s, which dropped 14% after weakerthanexpected firstquarter results, and Robinhood, which gained more than 2% after saying it will cut about 10% of its workforce. Yum Brands was slightly higher after saying it will sell Pizza Hut to LongRange Capital and Yum China for $2.7 billion.