Check out the companies making headlines in premarket trading. McDonald’s \u2014 Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . McDonald’s also said its same-store sales \u2014 a key metric for restaurants \u2014 declined broadly. Revvity \u2014 Shares gained 6% after the life sciences company posted second-quarter results that beat expectations. Adjusted earnings of $1.22 per share topped the FactSet consensus estimate of $1.12 per share. Revenue of $691.7 million exceeded the $690.3 million expected by analysts. Olin \u2014 The chemical product manufacturer added 1.4% on the heels of a JPMorgan upgrade to overweight from neutral. The firm called Olin’s work to stabilize prices for chlorine and caustic through low capacity utilization successful. Akamai Technologies \u2014 The cloud security company added 2% after Guggenheim upgraded shares to a buy rating. The firm sees more than 30% upside for Akamai as it capitalizes on its leadership position in the content delivery network business. Bristol-Myers Squibb \u2014 The pharma stock shed 1.5% following a downgrade to underweight from equal weight at Barclays. The firm said Bristol-Myers Squibb may have rallied too far, too fast \u2014 the stock is up 25% in 11 days, despite little movement in its underlying fundamentals, Barclays said. This call comes after Bristol-Myers Squibb issued better-than-expected earnings and raised its full-year guidance on Friday. Tesla \u2014 The electric vehicle maker advanced 1.5% after bring crowned the top pick U.S. auto stock by Morgan Stanley analyst Adam Jonas. Tesla replaced Ford , whose shares were little changed in Monday’s premarket. Stellantis \u2014 The automaker retreated by 3.6% following a Deutsche Bank downgrade to hold from buy. Deutsche Bank said the Chrysler and Dodge maker’s guidance could be at risk as it faces multiple challenges in a tough environment. Coinbase , Microstrategy \u2014 The crypto exchange and bitcoin developer each climbed around 4%, following the digital currency higher. Bitcoin last added more than 2%. Disney \u2014 Shares ticked nearly 1% higher after a strong box office showing from “Deadpool & Wolverine.” The Marvel movie raked in more than $200 million during its opening weekend, making it the strongest debut on record for an R-rated film. \u2014 CNBC’s Samantha Subin, Sarah Min, Michelle Fox and Fred Imbert contributed reporting<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Check out the companies making headlines in premarket trading. McDonald’s \u2014 Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . McDonald’s also said its same-store sales \u2014 a key metric for restaurants \u2014 declined broadly. Revvity \u2014 Shares gained 6% after the life sciences…<\/p>\n","protected":false},"author":1,"featured_media":84799,"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-84798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n