The stocks making the biggest moves in premarket trading include Splunk, Blackstone, Aerojet Rocketdyne, and more.
has abandoned its $4.4 billion deal to buy the rocket motor builder. Federal regulators had sued to block the transaction in January, amid concerns that the combination would be anti-competitive. Aerojet Rocketdyne fell 2.2% in premarket trading, while Lockheed Martin edged up 0.5%. – Soros Fund Management bought nearly 20 million shares of the electric truck maker during the fourth quarter of 2021, according to the fund's quarterly filing.
– Just Eat Takeaway CEO Jitse Groen told a Dutch TV program that the food delivery company's decision to delist from the Nasdaq should not be taken as a sign that the company intends to sell its Grubhub unit. Groen said the delisting is a cost reduction measure, but added the company is still considering options for the U.S.-based delivery service. Shares fell 1.3% in premarket action.
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