Premarket moves: Adobe falls, AMD rises after upgrade, space stocks gain

6/12/2026

Premarket stocks move on earnings, analyst calls, and oil price shifts See which names are rising or falling before the opening bell

Several stocks moved sharply in premarket trading on Friday as investors reacted to earnings updates, analyst calls, and changes in commodity prices. Adobe fell after reporting a secondquarter nonGAAP operating margin slightly below estimates and announcing that CFO Dan Dunn will leave the company on June 15. Lennar also declined after quarterly revenue and home deliveries came in slightly below Wall Street expectations. AMD climbed after Citi upgraded the chipmaker to buy, saying it could gain share in the graphics processing unit market. Spacerelated stocks also advanced ahead of SpaceX's expected public market debut, while energy shares eased as oil prices fell. Lower oil prices supported travel stocks, including airlines and cruise operators such as Carnival and Royal Caribbean.