Carvana
— Shares of the online car seller rose more than 7% in the premarket after Piper Sandler upgraded Carvana to overweight from neutral. The firm said Carvana could double from current levels, noting that the stock is too cheap to ignore.
Roblox
— Shares of Roblox slipped 1.8% in the premarket after Cowen initiated coverage of the online game platform with an underperform rating, citing uncertainty for Roblox ahead in the metaverse.