Toyota cars are displayed on the sales lot at Toyota of Marin on May 11, 2022 in San Rafael, California.<\/p>\n
Justin Sullivan | Getty Images News | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Check out the companies making the biggest moves in premarket trading:<\/em><\/p>\n Toyota<\/a><\/span><\/span><\/span> \u2014 The Japan-based automaker’s shares jumped about 5% after shareholders re-elected chairman Akio Toyoda to the board<\/a>, in a broad endorsement of the company’s governance and new electric vehicle strategy.<\/p>\n <\/img><\/p>\n <\/img><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n Logitech International<\/a><\/span><\/span><\/span> \u2014 Shares of the computer accessories company fell more than 10% after Logitech said CEO Bracken Darrell is leaving for an outside opportunity. Citi downgraded the stock to neutral from buy, saying Logitech needs to provide more clarity about its long-term plans after the leadership change.<\/p>\n Vodafone<\/a><\/span><\/span><\/span> \u2014 The cell phone network added nearly 3% in premarket trading after Vodafone and CK Hutchison agreed to merge their U.K. businesses<\/a>.<\/p>\n AMD<\/a><\/span><\/span><\/span> \u2014 The chipmaker gained 3% premarket. On Tuesday, AMD said it will start shipping its most advanced GPU for artificial intelligence<\/a> to some customers later this year. Amazon Web Services is considering using the new chips, Reuters reported<\/a> Wednesday.<\/p>\n United Health<\/a><\/span><\/span><\/span> \u2014 Shares fell nearly 6% premarket following comments by United Health chief financial officer John Rex at a conference this week that there has been elevated volumes of non-urgent surgeries in the second quarter. Other managed care companies also sank, with Humana sliding 7.5% and Cigna down 3.6%.<\/p>\n Lumen Technologies<\/a><\/span><\/span><\/span> \u2014 Share rallied about 11%, one day after gaining 16% on news of Lumen’s new network interconnection ecosystem<\/a> in partnership with Google<\/a><\/span><\/span><\/span> and Microsoft<\/a><\/span><\/span><\/span>.<\/p>\n Shell<\/a><\/span><\/span><\/span> \u2014 The European oil stock was up 2.3% after Shell boosted its dividend and share buybacks and said it would keep oil production steady<\/a> until 2030.<\/p>\n SoFi Technologies<\/a><\/span><\/span><\/span> \u2014 Shares added 3.25% premarket. BTIG named SoFi as a top pick<\/a> in the fintech sector as student loan payments resume. The Wall Street firm’s $14 price target implies more than 46% upside from Tuesday’s close.<\/p>\n \u2014 CNBC’s Hakyung Kim and Jesse Pound contributed reporting.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Toyota cars are displayed on the sales lot at Toyota of Marin on May 11, 2022 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves in premarket trading: Toyota \u2014 The Japan-based automaker’s shares jumped about 5% after shareholders re-elected chairman Akio Toyoda…<\/p>\n","protected":false},"author":1,"featured_media":37293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-37292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nrelated investing news<\/h2>\n