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Premarket Movers Monday: United Airlines, Carnival, Five9

Stocks moving in premarket trading Monday include United Airlines, Five9, Carnival, Virgin Galactic, SPX Flow and Tesla.

Stock futures declined sharply Monday as investors weighed how higher inflation and rising COVID-19 cases might affect the global economic recovery. 

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

1. United Airlines | Down 5.4%

United Airlines (UAL) - Get United Airlines Holdings, Inc. Report and other air carriers, as well as cruise-line operators, were lower due to concern about the continued spread of the delta variant of COVID-19. The virus variant has been spreading rapidly in parts of Asia, including Japan where the Olympics will begin Friday, and in the U.S. Among the cruise lines, Carnival  (CCL) - Get Carnival Corporation Report is off 5.5% and Norwegian  (NCLH) - Get Norwegian Cruise Line Holdings Ltd. Report gave up 5.4%.

2. Five9 | Up 7.6%

Shares of Five9  (FIVN) - Get Five9 Inc. Report climbed after Zoom Video Communications  (ZM) - Get Zoom Video Communications (ZM) Report agreed to buy the call center operator for just under $15 billion. The purchase expands Zoom's total addressable market, including individual and enterprise customers, by around $24 billion.

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3. Virgin Galactic | Down 6.6%

Virgin Galactic (SPCE) - Get Virgin Galactic Report shares continued to fall a week after the aerospace company founded by the entrepreneur Richard Branson said in a filing that it may sell up to $500 million of stock. Branson recently completed a test flight into space and Amazon's  (AMZN) - Get, Inc. Report Jeff Bezos is scheduled to take his first space flight on Tuesday.

4. SPX Flow | Up 29%

SPX Flow  (FLOW) - Get SPX Flow, Inc. Report surged after Ingersoll Rand said it made an all-cash buyout bid that values the industrial components maker and distributor at roughly $3.59 billion. The bid was rejected. Ingersoll Rand has no plans to make a hostile offer for SPX Flow, and whether it will submit a new bid is unclear, Reuters reported.

5. Tesla | Down 2.5%

Tesla  (TSLA) - Get Tesla Inc Report traded lower after the electric-car maker unveiled a subscription option for its full self-driving package. Tesla over the weekend unveiled a $199-a-month subscription plan for full self-driving, rather than a $10,000 up-front fee, which had been the only option to enable it. Some Tesla drivers may have to pay an extra $1,500 for a new chip to be installed to use the feature.

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