Zoom Video, Shake Shack, Albertsons - Tuesday's Premarket Movers

Stocks moving in premarket trading on Tuesday include Zoom Video, Shake Shack, Albertsons and Intel.
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Stock futures rose Tuesday, a day after Wall Street took a breath to assess the political turmoil in Washington.

Here are some of the top movers during premarket trading on Tuesday.

1. Zoom Video ZM | Down 2.51%

Shares of Zoom Video  (ZM) - Get Report fell in premarket trading after the video conferencing platform said it plans to sell around $1.5 billion in new stock.

Zoom is the latest in a series of companies using last year's meteoric stock gains to raise equity capital.

2. Cantel Medical CMD | Up 0.94%

Shares of Cantel Medical  (CMD) - Get Report rose Tuesday after it agreed to merge with Steris  STE in a deal valued at $4.66 billion that combines two of the larger providers of infection prevention products.

3. SolarWinds SWI | Up 1.27%

Shares of SolarWinds  (SWI) - Get Report rose  after it revealed that it has found the source of a highly sophisticated malicious code injection that it believes was used by the perpetrators of the recent cyberattack on the company and its clients, including federal government agencies.

4. Intel INTC | Up 0.6%

Shares of Intel  (INTC) - Get Report were slightly higher Tuesday after the chipmaker said it plans to tap Taiwan Semiconductor Manufacturing Co. to make a second-generation discrete graphics chip for its personal computers to combat the rise of Nvidia  (NVDA) - Get Report, Reuters reported.

5. Albertsons ACI | Up 4.48%

Shares of Albertsons  (ACI) - Get Report rose Tuesday after it posted stronger-than-expected third-quarter earnings, and improved its full-year profit outlook, as digital and pandemic-driven sales boosted the grocery retailer's top and bottom lines.

Albertsons reported earnings of $123.7 million, or 20 cents a share, up from $54.8 million, or 9 cents a share, last year. Adjusted EPS of 66 cents exceeded the FactSet consensus of 35 cents.

Revenue rose to $15.41 billion from $14.1 billion last year, ahead of the FactSet consensus for $15.04 billion.

6. Shake Shack SHAK | Up 2.22%

Shares of Shake Shack  (SHAK) - Get Report were rising Tuesday after the burger chain's fourth-quarter sales forecast beat Wall Street's expectations.