Check out the companies making the biggest pre-market moves: On Semiconductor , Synaptics — After On Semiconductor announced an all-stock deal to acquire Synpatics, the stock diverged in opposite directions. At approximately $7 billion, it is On’s largest acquisition to date, and it estimates it will increase its total addressable market by $30 billion. On’s stock price fell more than 15%, while Sympathix’s stock rose 2.5%. Memory stocks — Stocks fell among several memory companies as the decline in tech stocks gained momentum in premarket trading Friday. Micron fell more than 4.5% after surging nearly 16% on Thursday following the earnings report. SanDisk also fell by the same amount as Micron, while Seagate Technology and Western Digital each fell about 3.5%. Chipmakers — The drop in tech stocks also hurt semiconductors, as a New York Times report that OpenAI was exploring the possibility of delaying its IPO until 2027 also weighed on stock prices. Arm Holdings and Marvell Technologies both fell about 4%. Advanced Micro Devices fell 3.5% and Intel fell 3%. Broadcom also fell, but only by 1.5%. Rocket Lab — The aerospace company rose 1.5% after NASA announced Rocket Lab would provide launch services on two missions. The mission is to study the sun’s energy input to Earth and to better understand the ice clouds that form on Earth. Apple — After Apple had its worst day in more than a year on Thursday, the stock bucked the trend of declines in tech stocks and rebounded slightly. Shares rose 0.5% after falling more than 6%, the steepest decline since April 2025, after the company raised prices on a number of its devices due to rising memory and storage costs. Energy Stocks — Energy stocks also fell as oil prices fell more than 3%, once again below $70 per barrel. Apa Corporation fell more than 1.5% and Diamondback Energy fell 1%. Constellation Energy and Occidental Petroleum both fell 1%.
