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Premarket Movers Friday - Snap, Digital World Trump SPAC, Intel

Stocks moving in premarket trading include Snap, Digital World (the Trump SPAC), Intel, Mattel and Zoom.

U.S. equity futures traded mixed Friday with tech stocks hit by a warning on ad spending from social media group Snap  (SNAP) - Get Snap, Inc. Class A Report.

Here are some of the top movers ahead of the opening bell on Friday.

1. Snap SNAP | Down 21%

Shares of Snap  (SNAP) - Get Snap, Inc. Class A Report tumbled after Snapchat's parent said its ad business had been hampered by changes in Apple’s  (AAPL) - Get Apple Inc. (AAPL) Report ad-tracking rules.

2. Digital World DWAC | Up 108%

Shares of Digital World Acquisition  (DWACU) - Get Digital World Acquisition Corp. Report, the SPAC that has agreed to merge with Donald Trump’s social-media company, as much as more than doubled, extending Thursday's gains.

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3. Intel INTC | Down 9.8%

Shares of Intel  (INTC) - Get Intel Corporation (INTC) Report fell after the chipmaker predicted thinner profit margins over the next few years due to investments in new technology.

Intel reported third-quarter earnings that topped expectations and weaker-than-expected sales.

4. Mattel MAT | Up 6.7%

Shares of Mattel  (MAT) - Get Mattel, Inc. Report jumped after the toymaker raised its 2021 sales forecast, saying higher prices resulting from supply disruptions would not prevent it from having a strong holiday season.

5. Zoom Video ZM | Up 2.9%

Shares of Zoom  (ZM) - Get Zoom Video Communications (ZM) Report advanced after analysts at JPMorgan upgraded the stock to overweight from neutral and said investors already had factored in a post-pandemic slowdown in remote videoconferencing. 

The investment firm said growth for Z would bottom this quarter and then accelerate due to increasing adoption by businesses.