Biggest Market Movers Premarket: Visa, Duck Creek, Zillow and More

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Energy stocks — Rising oil prices sent several energy stocks higher premarket. Marathon Oil, Halliburton, EOG Resources and Hess all rallied more than 2%.

Bed, Bath & Beyond — Shares of the beleaguered retailer jumped more than 17% premarket. Bed, Bath & Beyond last week warned of its ability to continue as a going concern, sending shares plummeting.

Oracle — Shares of the software maker rose more than 1% in premarket trading following an upgrade to overweight from neutral by Piper Sandler. The investment bank said in a note that Oracle’s cloud business could see annual growth above 20% in the next few years.

Uber — Shares gained 2.8% after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. The bank said increased car prices will push consumers to Uber and other rideshare platforms.

Nvidia— The stock gained 1.6% premarket after being named a top pick by Wells Fargo analysts, who said they see a positive data center product-cycle materializing through 2023.