U.S. stock futures rose Thursday as investors looked to a short-term fix in the U.S. debt-ceiling crisis.
Here are some of the top movers in premarket trading in Thursday's market.
1. Twitter TWTR | Up 5%
Shares of Twitter (TWTR) - Get Twitter, Inc. Report rose after the microblogging company said it was selling mobile-ad firm MoPub to AppLovin (APP) - Get Applovin Corp. Report for $1.05 billion cash. Applovin shares were up 13% at last check.
“The sale of MoPub positions us to concentrate more of our efforts on the massive potential for ads on our website and in our apps,” Ned Segal, Twitter’s chief financial officer, said in a statement.
He reiterated that the company aims to at least double annual revenue to at least $7.5 billion in 2023 from $3.7 billion in 2020.
2. Levi Strauss LEVI | Up 1%
3. Walt Disney DIS | Up 1.5%
4. Pfizer PFE | Up 0.12%
Shares of Pfizer (PFE) - Get Pfizer Inc. Report rose after the health-care giant asked the Food and Drug Administration to authorize its Covid-19 vaccine, developed with BioNTech (BNTX) - Get BioNTech SE Sponsored ADR Report, for kids ages 5 to 11, according to media reports.