Stocks making the biggest moves premarket: Robinhood, GameStop, Merck and more

Check out the companies making headlines in premarket trading. Robinhood — Shares of the brokerage firm jumped more than 6% after unveiling its Robinhood Gold Card, a credit card where cash back can be deposited into a brokerage account. Concentrix — Shares slipped nearly 4% on the back of disappointing fiscal second-quarter earnings guidance. The customer experience technology company also reiterated its full-year outlook for 2024.

On Tuesday, the company announced it would expand its partnership with McDonald's to sell doughnuts at the fast food chain's restaurants, with nationwide availability estimated by 2026. Viking Therapeutics — Shares advanced nearly 3%. In the prior session , the stock popped more than 15% on promising trial results for a weight loss pill. Deutsche Bank — Shares climbed 3% following an upgrade to overweight from Morgan Stanley.

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How Robinhood and Arbitrum Hope to Bring More People On-ChainTrading platform Robinhood announced recently at ETHDenver that it will allow users of its Robinhood Wallet to access swaps on Arbitrum, a layer-2 blockchain atop Ethereum.
Source: CoinDesk - 🏆 291. / 63 Read more »

First Mover Americas: Robinhood Shares Jump, Layer 2s Become CheaperLyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Source: CoinDesk - 🏆 291. / 63 Read more »