Premarket Stock Movers Ahead of Earnings Reports
Stocks making significant premarket moves include McDonald's (MCD), Caterpillar (CAT), Palantir (PLTR), and Merck & Co (MRK).
The stocks are among those that will report earnings this week, with some facing analyst expectations. McDonald's is expected to release its Q1 2024 results on April 26.
Caterpillar shares have gained about 9% in premarket trading after the company reported a better-than-expected quarterly profit. The earnings beat was attributed to strong sales of its heavy machinery and construction equipment.