AutoZone (AZO)

Shares of the auto parts retailer added 3.9% in the premarket
after the company reported better-than-expected profit and revenue for its
latest quarter. AutoZone’s same-store sales grew 6.2% compared to a year ago,
twice what analysts had anticipated amid continued strength in its commercial
business.

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Coinbase (COIN)

Coinbase tanked 5% in premarket trading, a multimonth slump
for cryptocurrencies weigh on sentiment for the crypto exchange platform and
other crypto-related stocks.

FedEx (FDX)

FedEx plunged 21.4% in premarket action as the stock remains
under watch following an earnings warning, its biggest-ever one-day decline.

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Adobe (ADBE)

Adobe fell 1.3% in premarket trading after Wells Fargo downgraded
the software company’s stock to “equal weight” from “overweight,” saying Adobe’s
planned acquisition of online design firm Figma is a good product fit but that
the $20 billion price tag leaves little room for error. Adobe fell 16.8% last
Thursday and another 3.1% on Friday.

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Wix (WIX)

The web development platform company’s stock gained 4.5% in
the premarket after activist investor Starboard Value disclosed a 9% stake in Wix.

Take-Two Interactive (TTWO)

Take-Two shed 5.8% in premarket trading after Bloomberg
reported that a hacker released gameplay from its upcoming Grand Theft Auto IV
game online. It’s said to be one of the biggest leaks in gaming history.

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bluebird bio (BLUE)

bluebird bio surged 7.3% in premarket action after the Food
and Drug Administration (USFDA) approved the company’s gene therapy for a rare
and lethal brain disease in children.

NCR (NCR)

NCR fell 1.3% in the premarket following a 20.3% plunge on
Friday after Morgan Stanley downgraded the stock to “equal-weight” from
“overweight.” The Friday slump came after news that NCR would separate into two
separate companies. Morgan Stanley said any unlocking of value from that move
may take a long time to play out.

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Theravance Biopharma (TBPH)

Theravance gained 3.2% in the premarket. The company has
started a $250 million stock buyback program. As part of that program, it will
buy the 9.6 million shares owned by pharmaceutical company GSK (GSK).