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Stocks making the biggest moves before marketing: TM, AMD, SHELL, UNH


Toyota vehicles are displayed on the sales lot at Toyota of Marin on May 11, 2022 in San Rafael, California.

Justin Sullivan | Getty Images News | beautiful pictures

Check out the companies making the biggest moves in premarket deals:

Toyota – Shares of the Japan-based automaker rose about 5% after shareholders re-elect president Akio Toyoda to the board of directorsin a broad endorsement of the company’s governance and new electric vehicle strategy.

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Logitech International – Shares of the computer accessories company fell more than 10% after Logitech said CEO Bracken Darrell would be leaving to look for outside opportunities. Citi downgraded the stock to neutral from buy, saying Logitech needs to provide more clarity on its long-term plans following the leadership change.

Vodafone — Cell phone network grew by nearly 3% in premarket deals after Vodafone and CK Hutchison agreed consolidating their UK businesses.

AMD — The chipmaker made 3% of the market first. On Tuesday, AMD said it will begin shipping The most advanced GPU for artificial intelligence for some customers later this year. Amazon Web Services is considering using a new chip, Reuters reported Wednesday.

unity health Stocks fell nearly 6% pre-market following comments by United Health chief financial officer John Rex at a conference this week that there had been multiple non-emergency surgeries in the second quarter. Other managed care companies also tumbled, with Humana slipping 7.5% and Cigna down 3.6%.

luminous flux technology — Stocks up about 11%, a day after rising 16% on news of Lumen’s new networked ecosystem Cooperation with Google And Microsoft.

Cover – European oil shares rose 2.3% after Shell raised dividends and share buybacks and said it would keep stable oil production until 2030.

SoFi technology — Shares added 3.25% of marketing dollars. BTIG named SoFi as the top choice in the fintech sector as student loan payments continue. The Wall Street firm’s $14 price target implies a 46% increase from Tuesday’s closing price.

— Hakyung Kim and Jesse Pound of CNBC contributed reporting.

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