Skip to main content

Premarket Movers Monday - GameStop, Athene, Adaptive Biotech

Stocks moving in premarket trading Monday include GameStop, Adaptive Biotechnologies, General Electric and XPeng.

Stock futures fell Monday, with Nasdaq futures sharply lower as investors continued to question lofty valuations of high-flying tech stocks.

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

1. GameStop GME | Up 11%

Shares of GameStop  (GME)  jumped after Bloomberg reported that the videogame retailer would ask  (CHWY)  Founder Ryan Cohen to lead its e-commerce strategy.

Cohen will lead the group's shift towards e-commerce and online sales, a move that follows the announcement last month that Chief Financial Officer Jim Bell would step down.

2. Athene Holding ATH | Up 15%

Shares of Athene  (ATH)  rose after the retirement services company said it would be acquired by private-equity firm Apollo Global Management  (APO) . The deal values Athene at about $11 billion.

3. Adaptive Biotechnologies ADPT | Up 9.2%

Shares of Adaptive Biotech  (ADPT)  rose after the U.S. Food and Drug Administration late on Friday approved for emergency use its T-cell-based test that detects recent or prior COVID-19 infection.

4. AerCap Holdings AER | Up 11%

Shares of AerCap Holdings  (AER)  jumped after a report by The Wall Street Journal suggested that General Electric  (GE)  would combine its jet-leasing business with the Irish company, a deal valued at $30 billion. 

5. General Electric GE | Up 2.6%

Shares of General Electric  (GE)  rose after it was reported that the industrial giant was close to an agreement to combine its jet-leasing business with Ireland’s AerCap  (AER) in a deal valued at more than $30 billion.

An announcement is expected Monday, The Wall Street Journal reported, citing people familiar with the matter.

6. XPeng XPEV | Up 4.1%

U.S.-listed shares of XPeng  (XPEV)  were higher after the Chinese maker of electric cars narrowed its fourth-quarter loss from the year-earlier period.