Here are some of the biggest movers in premarket trading Thursday:
Walt Disney Co. shares
rose 2% after the media giant reported a mixed third-quarter and said it will raise prices on almost all of its streaming packages in an aggressive push to boost profit.
Shares of Applovin Inc.
rallied more than 20% after the software company swung to a profit and reported better-than-expected revenue in its second quarter.
Sonos Inc. stock
zoomed 10% higher after the maker of audio and home-theater equipment reported better-than-expected revenue for its fiscal third quarter and tweaked guidance for fiscal 2023.
Shares of Kenvue Inc.
rose nearly 3% on news the Johnson & Johnson spinoff and maker of Tylenol, Benadryl and other household names in health-care products will be the latest company to join the S&P 500 index
Shares of Wynn Resorts
rose 1.9% after the casino and resort operator reported second-quarter results that beat expectations, helped by a rebound in Macau and strong trends in North America.
Capri Holdings shares
jumped 24% after A Wall Street Journal story said Tapestry
the owner of Coach, was in talks to buy Capri, the parent company of Michael Kors, Jimmy Choo and Versace.
Plug Power Inc. stock
dropped nearly 12% after the alternative-energy company saw losses for the second quarter increase more than Wall Street expected.
Shares of Illumina Inc.
slid nearly 5% after the DNA-sequencing company tempered its full-year sales outlook, amid a cautious consumer backdrop and a wobbly economic recovery in China.