Stock futures wobbled Wednesday as investors awaited details of President Joe Biden's infrastructure plan.
Here are some of the top movers during premarket trading on Wednesday.
1. Chewy CHWY | Up 13%
Shares of Chewy (CHWY) - Get Report were higher after the online pet-supplies provider reported its first quarterly profit after the bell Tuesday. Revenue nearly doubled to $2 billion amid a surge in online orders during the pandemic.
"Overall, we see 2020 and the impact of COVID as much more than just a one-time growth accelerator," Chief Executive Sumit Singh and Chief Financial Officer Mario Marte wrote in a letter to investors.
2. BioNTech BNTX | Up 3.2%
American depositary receipts of BioNTech (BNTX) - Get Report advanced after Pfizer (PFE) - Get Report said its coronavirus vaccine developed in partnership with the German drugmaker was 100% effective in a late-stage study of adolescents aged 12 to 15.
3. Apple AAPL | Up 1.6%
Shares of Apple (AAPL) - Get Report moved higher after analysts at UBS boosted their price target on the tech giant, citing stable iPhone demand and its potential move into the electric-vehicle market.
UBS analyst David Vogt lifted his rating on Apple to buy from neutral while boosting his price target to $142 from $115.
4. Walgreens Boots Alliance WBA | Up 2.5%
5. BlackBerry BB | Down 5.3%
6. Pfizer PFE | Up 0.4%
Shares of Pfizer (PFE) - Get Report rose after the company said its coronavirus vaccine developed in partnership with the German drugmaker BioNTech (BNTX) - Get Report was 100% effective in a late-stage study of adolescents aged 12 to 15.