Twitter (TWTR): Twitter fell 1.5% in premarket action, after surging
nearly 32% in the last three trading sessions. Twitter’s largest shareholder,
Elon Musk, changed the type of SEC filing regarding his share purchase to show
it was not passive.

Tilray (TLRY): Tilray surged 2.1% in premarket trading after reporting a
strong profit for its latest quarter, even as revenue was lower than analyst
estimates. In addition, Tilray announced a deal with Whole Foods, which will
sell the hemp powders produced by Tilray’s Manitoba Harvest subsidiary.

Also Read | China calls Bucha killings ‘deeply disturbing’, calls for probe

Spirit Airlines (SAVE): Spirit slid 2.8% in the premarket trading after its board
said it will consider a new $3.6 cash takeover offer from JetBlue (JBLU). In
February, Spirit had approved its acquisition by Frontier Airlines parent
Frontier Group (ULCC) for $2.9 billion in cash and stock. JetBlue slipped 3.7%
and Frontier fell 3.9%.

Occidental Petroleum (OXY): The energy producer’s stock surged 1.7% in premarket
trading after Stifel Financial started coverage with a “buy” rating. According
to Stifel, Occidental’s stock remains attractively priced despite nearly
doubling this year, pointing out its low carbon business that is largely
underappreciated.

Also Read | What is China’s debt-trap diplomacy: Communist ploy or West’s lie?

Rivian (RIVN): Rivian shares rose 1.7% in the premarket after the
company said it was on its way to achieving its previously stated production
target of 25,000 electric vehicles this year.

Array Technologies (ARRY): Array Technologies jumped 14.5% in the premarket action
after the renewal energy equipment maker reported unexpected quarterly revenue
and released a positive revenue outlook. It also appointed Kevin Hostetler as
its new CEO, effective April 18, replacing the retiring Jim Fusaro.

Also Read | ‘Sold everything to China’: Why are Sri Lankan traders mad at Rajapaksas

Intel (INTC): Intel slipped 1.1% in premarket action after it announced
to suspend business operations in Russia, following last month’s suspension of
semiconductor deliveries to customers in Russia and Belarus.

Gogo (GOGO): Gogo surged 10.4% in premarket after the aviation
industry broadband provider announced its stock would join the S&P SmallCap
600 index before Friday’s open.