Premarket Stock Movements
CoreWeave
CoreWeave’s shares fell for a second consecutive day, dropping 6% on Thursday as investors voiced concerns that the cloud‑infrastructure firm, together with other technology companies, may be taking on too much debt to fund an artificial‑intelligence build‑out.
Rocket Lab
Rocket Lab’s stock slipped nearly 10% after the company announced a postponement of its Neutron rocket launch to 2027.
SK Hynix
SK Hynix shares slid more than 7% amid worries over financing the AI expansion, a move that followed a 7.6% decline in South Korea’s Kospi index overnight.
Penske Automotive
Penske Automotive jumped 8% after agreeing to be taken private by Motown Acquisition Corp., a vehicle owned by Penske Corp. and Mitsui, at $212 per share in cash. The price represents a roughly 9% premium over Wednesday’s close of $194.79, with the deal slated to close in the first quarter of 2027.
Walmart
Walmart rose more than 2% after Deutsche Bank upgraded the rating from hold to buy, citing a positive outlook for 2027, expected margin improvement and the possibility that current inflation levels could draw more shoppers to its stores.
Crocs
Crocs gained nearly 2% following an upgrade by Barclays from equal weight to overweight. Analyst Adrienne Yih pointed to the company’s product‑innovation pipeline, category expansion and growing international business as the drivers behind the rating change.
