{"id":4323,"date":"2026-05-13T11:48:58","date_gmt":"2026-05-13T11:48:58","guid":{"rendered":"https:\/\/www.finznest.com\/blog\/stocks-making-the-biggest-moves-premarket-baba-sats-mu\/"},"modified":"2026-05-13T11:48:58","modified_gmt":"2026-05-13T11:48:58","slug":"stocks-making-the-biggest-moves-premarket-baba-sats-mu","status":"publish","type":"post","link":"https:\/\/www.finznest.com\/blog\/stocks-making-the-biggest-moves-premarket-baba-sats-mu\/","title":{"rendered":"Stocks making the biggest moves premarket: BABA, SATS, MU"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making the biggest moves premarket: EchoStar \u2014 Shares rose nearly 4.5% after the Federal Communications Commission approved the company&#8217;s $40 billion sale of wireless spectrum to AT &amp; T and SpaceX. The company is selling 50 megahertz of its spectrum to AT &amp; T and 65 megahertz to SpaceX. Alibaba \u2014 U.S.-listed shares of the Chinese e-commerce giant fell 3% after the company posted an 84% plunge in Q1 profit. Alibaba also reported heavy investments in AI. Nextpower \u2014 The energy stock surged 14% after Nextpower raised its full-year revenue guidance to a range of $3.8 billion to $4.1 billion, while previously it had estimated a range of between $3.6 billion to $3.8 billion. The company also posted a fiscal fourth-quarter adjusted earnings and revenue beat versus analysts&#8217; expectations, per FactSet. Birkenstock \u2014 The shoe designer and manufacturer fell more than 5.5% after it missed estimates on both earnings and revenue in its fiscal second-quarter financial report. War in the Middle East weighed on growth in the Europe, Middle East and Africa region, the company said. Karman \u2014 Shares fell nearly 8% after the aerospace and defense company posted fiscal first-quarter adjusted earnings of 11 cents per share, while analysts polled by FactSet were expecting 12 cents. On the other hand, Karman&#8217;s revenue and adjusted EBITDA for the last quarter came in above forecasts. Micron , Nvidia \u2014 A slew of technology companies were higher after a decline in the group led the broader market lower on Tuesday. Micron, which fell more than 3.5% on Tuesday after a 23% two-day rally, was up more than 5.5%. Nvidia, which bucked the trend and closed higher Tuesday, was up 2%. Resideo Technologies \u2014 Shares plunged almost 9% after the home security products and systems company guided for current-quarter adjusted earnings in the range of 71 to 75 cents per share, while analysts were expecting 84 cents, per FactSet. The company also sees its revenue falling in between $1.916 billion to $1.940 billion, versus the $2.01 billion analyst consensus. However, Resideo reported a first-quarter beat on both the top and bottom lines. Photonics stocks \u2014 The AI trade supported optical networking names on Wednesday. Coherent was the best performing stock on the S &amp; P 500, rising 7%. Lumentum was up more than 4.5%, while Corning jumped 4%. Wix.com \u2014 The web development platform plunged almost 15% after adjusted earnings came in lighter than expected at 68 cents per share. Analysts polled by FactSet were expecting earnings of $1.24 per share. \u2014 CNBC&#8217;s Lisa Kailai Han and Fred Imbert contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making the biggest moves premarket: EchoStar \u2014 Shares rose nearly 4.5% after the Federal Communications Commission approved the company&#8217;s $40 billion sale of wireless spectrum to AT &amp; T and SpaceX. The company is selling 50 megahertz of its spectrum to AT &amp; T and 65 megahertz to SpaceX. Alibaba \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[910,372,371,373,559,2902,238],"class_list":["post-4323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-baba","tag-biggest","tag-making","tag-moves","tag-premarket","tag-sats","tag-stocks"],"_links":{"self":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/comments?post=4323"}],"version-history":[{"count":0,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media\/4324"}],"wp:attachment":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media?parent=4323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/categories?post=4323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/tags?post=4323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}