Stock futures rebounded modestly Friday from the previous session's broad losses that were fueled by worries global growth could be stalled by the spread of COVID-19 variants.
Here are some of the top movers during premarket trading on Friday:
1. Stamps.com | Up 35.6%
Shares of Stamps.com (STMP) soared after the mailing and shipping company said it had agreed to be acquired by private-equity firm Thoma Bravo for about $6.6 billion.
Shareholders will receive $330 a share in cash, a 67% premium over the company's closing price on Thursday.
2. Wells Fargo | Up 1.65%
The move is part of Chief Executive Charles Scharf's reimagining of the San Francisco company.
3. General Motors | Up 3.73%
General Motors (GM) climbed after Wedbush analyst Daniel Ives initiated coverage of the automaker with an outperform rating and $85 price target.
CEO Mary Barra has led the company back to the top of the auto industry in the U.S. , the team's "laser focus on electric vehicles" has given new energy and strategic focus to GM and "the Street has clearly started to take notice," said Ives.
GM recently reported a 40% increase in second-quarter sales.
4. Tyson Foods | Up 0.61%
Tyson Foods (TSN) rose modestly after federal officials said the world's biggest meat producer was recalling 4,500 tons of ready-to-eat chicken products after finding the products may be tainted with listeria bacteria.
The Department of Agriculture announced the recall a month after two consumers reported falling ill with listeriosis.
Last month, the company said CEO Dean Banks would leave the company after less than a year at the helm.
5. United Airlines | Up 1.67%
United Airlines (UAL) and other airlines were climbing after falling Thursday over concerns about the spread of COVID-19 variants.