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Shares which are making the largest strikes within the premarket: Southwest Airways, Robinhood, SoFi Applied sciences, and extra

Take a look at some of the biggest movers in the premarket:

Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest denied speculation that the high cancellations compared to other airlines were due to employee protests against a Covid-19 vaccine mandate. Southwest was down 2.8% in pre-trading.

Robinhood (HOOD) – The trading platform's stock fell 2.1% pre-market after a filing was filed with the Securities and Exchange Commission detailing the risks of increased regulation of cryptocurrency trading, as well as possible new rules for paying the order flow have been described.

SoFi Technologies (SOFI) – The fintech company's stock rebounded 3.1% ahead of launch after Morgan Stanley began coverage with an "overweight" rating, calling it a "strong revenue growth story" as it had market share wins in consumer finance.

Apple (AAPL) – Apple has asked a judge to postpone changes to its app store that would allow developers to bypass Apple's in-app payment system. The changes resulted from the fall of "Fortnite" creator Epic Games and are slated to go into effect on December 9th, but Apple is asking to allow its appeal first.

Merck (MRK) – Drug maker and partner Ridgeback Biotherapeutics announced that it has filed an emergency submission with the Food and Drug Administration for its oral Covid-19 treatment molnupiravir. This follows positive study results presented earlier this month.

Starbucks (SBUX) – The coffee chain's shares rose 1% pre-IPO after Deutsche Bank upgraded the stock from Hold to Buy, citing "incredible" US momentum and prospects for sustained Unit growth in China.

Aspen Technology (AZPN) – The industrial software maker announced a merger with two Emerson Electric (EMR) software companies valued at approximately $ 11 billion. The cash-and-stock deal is valued at about $ 160 per share, with the owners of Aspen Technology $ 87 per share in cash and 0.42 shares of the combined company for each share they now own. obtain. Aspen Technology was up nearly 13% in the last two meetings since reports of conversations between the two companies first surfaced.

Deere & Co. (DE) – Workers at the heavy machinery manufacturer represented by the United Auto Workers Union rejected a preliminary contractual agreement. Union members say they want bigger increases and perks than those proposed in the denied six-year contract, based on strong profits for Deere.

Xpeng (XPEV) – The China-based electric vehicle maker said it exceeded 100,000 auto production six years after starting the company. Before the trading session, stocks rose 1.4%, while Chinese rival Nio (NIO) rose 1.7%.

ConocoPhillips (COP) – The power producer's shares were downgraded from Buy to Neutral on Goldman Sachs, with the valuation for the move cited. The stock has gained 88% this year and has risen by a further 1.2% before the IPO.

Cleveland-Cliffs (CLF) – The steel and ironmaker's shares rose 2.1% in pre-trading hours after it announced the acquisition of scrap iron processor Ferrous Processing and Trading for approximately $ 775 million.

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