Investing

Stocks making the biggest moves premarket: GM, KO, MMM, PM

General Motors

The Detroit automaker saw a remarkable jump of 10.5% after raising its full-year guidance and reporting an earnings beat. GM earned an adjusted $2.80 per share in its third quarter, surpassing the $2.31 per share expected by analysts polled by LSEG. The company’s revenue reached $48.59 billion, exceeding the consensus estimate of $45.27 billion. GM now anticipates full-year adjusted EPS to fall between $9.75 and $10.50, an increase from its previous guidance of $8.25 to $10.

Coca-Cola

The beverage and snack giant’s third-quarter earnings and revenue exceeded expectations, leading to a 3% rise in shares. Adjusted earnings were reported at 82 cents per share on revenue of $12.41 billion, while analysts had anticipated adjusted earnings of 78 cents per share on revenue of $12.39 billion, according to LSEG.

3M

Known for its Post-it sticky notes, 3M’s stock rose by 2.6% following quarterly results that beat analyst expectations. The company earned $2.19 per share, excluding certain items, on revenue of $6.32 billion. Analysts had expected earnings of $2.08 per share on revenue of $6.25 billion.

Crown Holdings

Shares of Crown Holdings surged by 8% after the metal packaging products manufacturer reported better-than-expected earnings for the third quarter. The company earned an adjusted $2.24 per share on revenue of $3.2 billion, while analysts polled by FactSet had expected a profit of $1.99 per share on revenue of $3.14 billion.

Zions Bancorp

The regional bank’s shares climbed more than 1% after its third-quarter report alleviated concerns regarding the company’s exposure to bad loans. Zions earned $1.48 per share, slightly above the LSEG estimate of $1.41 per share, with net interest income reported at $672 million for the period.

Elevance Health

Elevance Health’s stock jumped 2.5% following a better-than-expected earnings report for the third quarter. The health insurer posted earnings of $6.03 per share, excluding items, on $50.09 billion in revenue. Analysts had anticipated earnings of $4.93 per share and revenue of $49.37 billion.

Sunrun and Nextracker

Both solar stocks experienced gains after Citi upgraded their ratings from neutral to buy. Sunrun’s shares popped 8%, while Nextracker gained nearly 4%.

EPAM Systems

The software company saw a 3.3% increase in shares following the announcement of a stock buyback plan worth up to $1 billion.

Fluor and NuScale Power

Shares of Fluor rose 5% after The Wall Street Journal reported that activist investor Starboard Value has acquired nearly a 5% stake in the company. Part of Starboard’s strategy includes a potential sale of Fluor’s stake in NuScale Power, which saw its stock drop nearly 5%.

Gold and Silver Miners

Mining companies faced declines as the prices of gold and silver fell. Coeur Mining, Hecla Mining, and First Majestic Silver each tumbled about 8%, while Pan American shed about 7%. Eldorado Gold and Newmont both dropped around 5%.

RTX

Shares of the aerospace and defense company jumped 4.8% after reporting third-quarter earnings that exceeded expectations. RTX posted adjusted earnings of $1.70 per share on revenues of $22.48 billion, surpassing the anticipated earnings of $1.41 per share on revenues of $21.31 billion.

Philip Morris International

The tobacco giant gained nearly 2% after reporting third-quarter results that exceeded expectations. Philip Morris posted adjusted earnings of $2.24 per share, beating the FactSet consensus estimate of $2.09 per share, with revenue of $10.85 billion also surpassing the forecasted $10.64 billion.

GE Aerospace

The aerospace company rose more than 2% after posting better-than-expected third-quarter earnings and revenue. The company reported adjusted earnings of $1.66 per share on revenue of $11.31 billion, exceeding the $1.45 per share and $10.41 billion in revenue that analysts surveyed by LSEG had anticipated.

Northrop Grumman

The defense firm slipped 1.3% after reporting mixed results for its third quarter. Earnings came in at $7.67 per share on revenue of $10.42 billion, while analysts had expected EPS of $6.46 on revenue of $10.71 billion.

— CNBC’s Fred Imbert, Sean Conlon, Alex Harring, Sarah Min, and Liz Napolitano contributed reporting. (Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here.)