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Stocks making the biggest moves in premarket trading: AstraZeneca, Paramount, Nike and more

September 25, 2023


AstraZeneca — Shares rose 1.4% after Jefferies upgraded the stock to buy from hold. The upgrade comes after one of its breast cancer therapies, in joint development with Daiichi Sankyo, came out with positive results in a late-stage trial on Friday.

Urban Outfitters, Foot Locker — Shares of Urban Outfitters fell 4%, while Foot Locker slid 2.9% before the bell after Jefferies downgraded the stocks to hold from buy. Jefferies said the companies could be affected by pullbacks on consumer spending.

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