Check out the companies making the biggest moves in pre-market trading: UnitedHealth — Shares rose more than 7% in early trading after the health insurance giant reported better-than-expected financial results for the second quarter. The company had adjusted earnings per share of $112.03 billion and profit of $6.38. Analysts polled by LSEG had expected earnings of $4.90 per share and sales of $110.85 billion. UnitedHealth also raised its full-year profit outlook. Taiwan Semiconductor Manufacturing Co. — The chipmaker fell 4%. TSMC’s second-quarter profit beat expectations, but the company raised its full-year capital spending forecast to $60 billion to $64 billion, up from the high end of its previous forecast of $52 billion to $56 billion. The company also announced an additional $100 billion investment in Arizona. ATAIBEKLEY — The psychedelic drug maker soared 34.5% after Eli Lilly announced it would acquire the company for $2.8 billion. This equates to $6.75 per share in cash, 26% above Atai Beckley’s Wednesday closing price of $5.36 per share. Eli Lilly could pay up to an additional $2.50 per share if Ataibekly’s drug achieves certain milestones. Eli Lilly stock rose slightly. GE Aerospace — Shares fell 4% despite the company’s second-quarter earnings and revenue beats. GE Aerospace reported adjusted earnings per share of $2.02 on revenue of $12.63 billion. Analyst estimates compiled by LSEG were for EPS of $1.86 and revenue of $11.86 billion. The company also raised its full-year forecast. United Airlines — Shares fell more than 3% even though the company beat profit estimates. The company issued softer-than-expected guidance of $2.50 to $3.50 per share for the third quarter. That compares with FactSet’s estimate of $3.53 per share. United Airlines also said it expects additional fuel costs to be $6 billion. JB Hunt Transport Services — LSEG said its stock rose nearly 7% after the company reported earnings per share of $1.73, 18 cents more than analysts expected. Revenue was $3.5 billion, matching expectations of $3.25 billion. Management said demand for intermodal transportation services increased throughout the quarter. AeroVironment — Shares rose nearly 2% following Raymond James Company upgrades, outperforming the market. The company said bookings for AeroVironment are recovering and the backlog is trending upward. Rocket Companies — The fintech platform rose 2% after Morgan Stanley raised its price target to $19 and reiterated a buy rating. The new target suggests a 30% rise from Wednesday’s close. —CNBC’s Fred Imbert and Tanaya Machel contributed reporting.
