Check out the companies making the biggest moves premarket: SpaceX — Shares were up 5% as the company prepared for it second day of trading on Monday. SpaceX in its debut at the Nasdaq on Friday rose 19% from its IPO price of $135 per share. Energy stocks —The group tumbled as U.S. oil prices fell 5% to near $80 per barrel following a U.S.-Iran deal that is set to reopen the Strait of Hormuz. APA and Devon Energy were both off more than 3.5%. Marathon Petroleum and EOG Resources were down 3%. Chevron and Exxon Mobil were also falling more than 2.5%. Airlines and cruise stocks — Beneficiaries of lower fuel prices rose in premarket trading on Monday. United Airlines was up more than 5%, while Delta Air Lines rose 4%. Norwegian Cruise Line and Carnival Corporation jumped 4.5%, while Royal Caribbean was up 4%. Paramount Skydance — The media conglomerate was up almost 5% after the U.S. Justice Department on Friday announced it approved Paramount’s acquisition of Warner Bros. Discovery . While the federal hurdle is clear, the company’s proposed merger could still see challenges at the state level. Fox Corporation — Shares sunk 12% after the company announced it was acquiring Roku for $160 per share, an 11% premium compared to the stock’s Friday close. The cash and stock transaction will build a company that is at the forefront of sports, news and streaming, Fox said in a press release. Roku shares were halted in premarket trading.
Stocks making the biggest moves premarket: SPCX, UAL, FOXA
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