Stocks moving premarket: General Motors, 3M, Novartis, Nebius and more
Pre-market stocks moved as Novartis, GM, and 3M topped earnings estimates. See what’s driving Nebius, Danaher, and Utz shares before the opening bell.
Several largecap stocks moved before the opening bell on Tuesday after earnings, guidance updates, and corporate news.
Novartis rose after the Swiss drugmaker reported secondquarter core earnings and revenue that beat estimates and said it was on track with its fullyear outlook. General Motors also gained after posting strongerthanexpected quarterly profit and revenue.
Other notable movers included Danaher, which fell after trimming its fullyear core revenue outlook, and Utz Brands, which surged after agreeing to be acquired by Germany’s Intersnack Group. Shares of Nebius climbed after Nvidia disclosed a stake in the AI cloud company, while 3M advanced after reporting betterthanexpected results and raising guidance.