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Premarket Movers Monday- Etsy, Tesla and Albertsons

Stocks moving in premarket trading Monday include Etsy, Moderna, Tesla and Albertsons.

Stock futures were mostly lower Monday ahead of a busy week for corporate earnings. 

Here are some of the top movers during premarket trading on Monday.

1. Etsy ETSY | Down 1.82%

Shares of Etsy  (ETSY) - Get Etsy, Inc. Report were dropping early Monday after analysts at Keybanc Capital Markets downgraded the stock to sector weight from overweight citing a lower near-term likelihood of positive earnings revisions. 

Keybanc, however, praised Etsy’s long-term growth prospects.

2. Netflix NFLX | Down 0.09%

Shares of Netflix  (NFLX) - Get Netflix, Inc. Report were slightly lower ahead of the bell Monday. 

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The streaming giant won seven Academy Awards on Sunday night including two each for "Ma Rainey's Black Bottom" and "Mank."

3. Tesla TSLA | Up 1.12%

Shares of Tesla  (TSLA) - Get Tesla Inc Report were rising early Monday ahead of its first-quarter earnings report that is expected to show a surge in revenue. 

Tesla Chief Executive Elon Musk tweeted on Saturday that he will host an episode of Saturday Night Live on May 8.

4. Moderna MRNA | Down 1.81%

Shares of Moderna  (MRNA) - Get Moderna, Inc. Report dropped in premarket trading Monday. The shares have risen 55.4% year to date.

French drugmaker Sanofi on Monday said it intends to fill vials and finish packaging of as many as 200 million doses of Moderna's two-shot coronavirus vaccine in the U.S. starting September.

5. Albertsons ACI | Down 2.5%

Shares of Albertsons  (ACI) - Get Albertsons Companies, Inc. Class A Report dropped more than 4% in premarket trading Monday after the food-and-drug retailer reported quarterly earnings.