Stocks making the biggest moves premarket: Apple, WestRock, McDonald's and more
CNBC Apple phones on display in an Apple store in Miami, Florida, May 4, 2023.
Joe Raedle | Getty Images
Check out the companies making headlines in premarket trading Thursday.
Apple Apple shares fell more than 2.6% after Bloomberg News reported China is planning to extend a ban on iPhone use to state-owned corporations. A day earlier, The Wall Street Journal reported that China was moving to prohibit iPhone usage and other foreign-branded devices in government agencies.
Dutch Bros The drive-through coffee chain dropped about 6% in premarket trading after it announced a public offering of $300 million in shares of its Class A common stock after market close Wednesday.
Dave & Buster's Shares of the entertainment and dining company fell more than 3% after it reported weaker-than-expected second-quarter earnings. The company generated 60 cents per share profit on $542 million of revenue. Analysts surveyed by LSEG were expecting 93 cents per share on $559 million of revenue. Comparable sales declined year over year on a pro forma basis.
