Check out the companies making the biggest moves in pre-market trading. Bank of America — Brian Moynihan’s bank rose 4.5% as revenue and earnings beat analysts’ expectations. BofA had revenue of $28.24 billion and earnings per share of $1.06, compared with analysts’ expectations compiled by LSEG for revenue of $27.5 billion and earnings of 95 cents per share. Strong earnings from the investment banking division boosted results. Morgan Stanley — The Wall Street investment bank reported better-than-expected profits by the largest margin in five years, sending its stock up 4%. Earnings per share were $2.80, compared to LSEG’s consensus estimate of $2.10, and revenue was $18.22 billion, beating analysts’ estimates of $16.7 billion. Archer-Daniels-Midland, Bunge Global — President Donald Trump has threatened to embargo cooking oil from China in retaliation for the Chinese government’s refusal to buy U.S. soybeans. Global agriculture businesses Archer Daniels Midland and Bunge Global rose 2.4% and 5.5%, respectively. Abbott Laboratories — Shares fell 2.8% as the global healthcare company’s third-quarter revenue of $11.37 billion fell short of the $11.4 billion expected by analysts surveyed by LSEG. PNC Financial Services — The Pittsburgh-based regional bank fell 2% even though third-quarter revenue and earnings beat expectations. Earnings were $4.35 per share, compared to the FactSet consensus estimate of $4.05, and revenue was $5.92 billion, beating analysts’ estimates of $4.583 billion. ASML — U.S.-listed shares soared 4.6% after the semiconductor equipment maker said it expects 2026 total net sales to exceed 2025 net sales. AMSL reported mixed third quarter results. Papa John’s International — The pizza chain soared nearly 11% after Reuters reported that Apollo Global Management has made a new offer to take Papa John’s Inc. private at $64 a share. Citizens Financial — The Providence, R.I.-based regional bank’s third-quarter revenue and revenue beat analysts’ expectations, with Citizens up 3%. Earnings per share were $1.05 and revenue was $2.12 billion, beating analyst estimates compiled by LSEG of $130 million and $2.1 billion. Synchrony Financial — The Stamford, Conn., consumer finance company fell 1% after lowering the top end of its annual guidance. Synchrony currently expects 2025 net revenue to be between $15 billion and $15.1 billion. That compares with the previous outlook of $15 billion to $15.3 billion. Third quarter profit exceeded expectations. Dollar Tree — The discount retailer jumped 8% after announcing that its earnings per share will increase in the “high 10s” in fiscal 2026. Analysts currently expect EPS growth to be around 15% next year, according to FactSet. Dollar Tree will host an investor day on Wednesday. Sable Offshore — Shares fell 24% after a California judge sided with the state against the oil and gas company in a dispute involving the Santa Ynez project. Sable Offshore disagreed with the interim ruling on Wednesday. First Horizon — The Memphis-based regional bank rose 3.4% after recent profit growth. First Horizon reported adjusted earnings of 51 cents, compared with the 45 cents expected by analysts surveyed by FactSet. Net interest income also exceeded expectations. Sunrun — The rooftop solar panel maker soared nearly 4% after BMO Capital Markets upgraded Sunrun from underperform to market perform and raised its price target to $19 from $10, according to FactSet. Still, the new price target represents an 8% downside from Tuesday’s closing price of $20.68. Grindr — The dating app’s stock rose 4.3%. Grindr, which went public in early 2021, announced that it had received a letter from a major shareholder, who is also a member of the board, proposing to take the company private. Grindr’s board of directors will establish a special committee to evaluate the proposal. —CNBC’s Fred Imbert, Sarah Min, Alex Harring and John Meloy contributed reporting. (Learn the best strategies for 2026 from inside the New York Stock Exchange with Josh Brown and more on CNBC PRO Live. Tickets and information here.)
