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Premarket Movers Tuesday: Micron, Nike and Nvidia Rise

Stock futures rose Tuesday as markets rebounded after a rough start to Christmas week.

Stock futures were rising on Tuesday, a day after Covid omicron concerns prompted a selloff.

Here are some of the top movers ahead of Tuesday's session.

1. Micron MU | Up 8.5%

Shares of Micron  (MU) - Get Micron Technology, Inc. Report advanced after the chipmaker posted stronger-than-expected fiscal-first-quarter earnings and a solid near-term outlook. 

Micron earned an adjusted $2.16 a share on sales of $7.69 billion. And it expects $7.5 billion in revenue for the current quarter.

2. Nike NKE | Up 4.1%

Shares of Nike  (NKE) - Get NIKE, Inc. Class B Report were higher after the sneaker and athletic apparel maker topped Wall Street forecasts for its fiscal second quarter, thanks in part to soaring sales in North America.

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Nike earned 83 cents a share on sales of $11.4 billion. Of that revenue, $10.8 billion came from its signature brand while its Converse brand delivered $557 million. Overall revenue was up 1% year-over-year.

3. Citrix Systems CTXS | Up 8.8%

Shares of Citrix Systems  (CTXS) - Get Citrix Systems, Inc. Report jumped after Bloomberg reported that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.

4. General Mills GIS | Down 4.9%

Shares of General Mills  (GIS) - Get General Mills, Inc. Report struggled after the Cheerios maker reported lower-than-forecast earnings for the fiscal second quarter.

Sales for the quarter ended Nov. 28 rose 6% to $5 billion, ahead of FactSet estimates of $4.83 billion.

The company said it was still dealing with higher input costs and supply chain disruptions.

5. Nvidia NVDA | Up 3%

Shares of Nvidia  (NVDA) - Get NVIDIA Corporation Report rose after the chipmaker was named a top pick at UBS.