Stock futures dropped Monday after a new strain of the coronavirus in the U.K. prompted new travel restrictions and lockdowns.
Here are some of the top movers during premarket trading on Monday.
1. Tesla TSLA | Down 3.95%
Tesla (TSLA) - Get Tesla Inc Report shares slumped heading into their S&P 500 debut Monday following a record year for the clean energy carmaker that has added more than half a trillion dollars to its market value.
Shares of Tesla dropped 3.95% in premarket trading to $667.57.
2. Aerojet Rocketdyne AJRD | Up 27.14%
Shares of Aerojet Rocketdyne (AJRD) - Get Aerojet Rocketdyne Holdings, Inc. Report surged on Monday after Lockheed Martin (LMT) - Get Lockheed Martin Corporation Report said it agreed to acquire the defense industry supplier in a deal valued at $4.4 billion.
The transaction will add Aerojet’s propulsion systems for missiles, rockets and other space and defense applications to Lockheed’s existing arsenal of defense products.
3. RealPage RP | Up 29.74%
Shares of RealPage (RP) - Get RealPage, Inc. Report jumped Monday after the property-management-software provider agreed to be bought by private-equity firm Thoma Bravo in a deal that values RealPage at about $10.2 billion including debt.
RealPage, of Richardson, Texas., provides a technology platform used by owners and managers of rental properties.
4. Nike NKE | Up 5.62%
Shares of Nike (NKE) - Get NIKE, Inc. Class B Report were rising Monday after the company posted fiscal second-quarter earnings that topped analysts' estimates, driven by surging online sales and 24% growth in China.