Check out the companies that made the biggest pre-market moves: eBay — Shares in the online marketplace rose nearly 9% after GameStop made an unsolicited, non-binding offer to buy eBay for about $55.5 billion on Sunday. GameStop CEO Ryan Cohen said the merger would be a way to create a stronger competitor to Amazon. GameStop fell more than 2.5%. Norwegian Cruise Line — The company fell 5.5% to consensus estimates for first-quarter earnings of 23 cents per share on revenue of $2.33 billion, according to analysts surveyed by FactSet. Norway Jeanne is dealing with high fuel prices due to the war between the United States and Iran, and its outlook for the quarter and full year was significantly lower than expected. Lumentum, Coherent — Both photonics companies rose 3% after Rothschild & Co. Redburn initiated research coverage on both companies with a buy rating. Analysts at the company say the rise in optical content needed for artificial intelligence data center networking will boost both stocks. Axsome Therapeutics — Shares fell more than 3.5% after Axsome reported a higher-than-expected first-quarter loss. The biopharmaceutical company lost $1.26 per share, compared with analysts’ expectations for a loss of 81 cents per share, according to analysts surveyed by FactSet. Revenues were in line with expectations at $191 million. Oil stocks — Energy companies rose as oil prices soared in volatile trading after Iranian state media and the Trump administration made conflicting claims about a U.S. warship that may have been hit by an Iranian missile near the Strait of Hormuz. APA Corp. rose about 1.5%, while Occidental Petroleum and Diamondback Energy rose about 1%. Cryptocurrency Stocks – Cryptocurrency platforms rose after Sens. Thom Tillis (R.N.C.) and Angela Alsobrooks (D-Md.) reached bipartisan agreement over the weekend on key language in a virtual currency market structure bill known as the CLARITY Act. Coinbase rose 2.5%, while Circle and BitGo each rose more than 4%. Gemini Space Station, which is likely to lose the most as both a stablecoin issuer and a retail platform, saw its pre-market price decline. Bitcoin topped $80,000 over the weekend for the first time since January, but it was most recently trading unchanged at about $79,000. Tyson Foods — The Jimmy Dean pork and Hillshire Farms poultry maker rose more than 2.5% after reporting better-than-expected fiscal second-quarter results. Mr. Tyson’s adjusted earnings per share were 87 cents on $13.65 billion, compared with expectations of 78 cents on $13.63 billion, according to analysts surveyed by FactSet. Advanced Micro Devices — The chipmaker, which received a downgrade from HSBC on Friday, fell nearly 1%. The bank changed its rating from “buy” to “hold” due to concerns about a tightening of semiconductor production capacity in 2026. — CNBC’s Tanaya Machel contributed reporting
