RIOT - PRISM Stocks making the biggest moves premarket: Kenvue, Rivian, Affirm, SolarEdge Technologies and more
2025-07-14 10:00:37 ET
Check out the companies making headlines in premarket trading.
Kenvue
The maker of Neutrogena saw its shares climb 4.5% after announcing the resignation of CEO Thibaut Mongon. The company also revealed that its board is conducting a strategic review, exploring options such as streamlining its portfolio.
nCino
Shares of the financial technology provider rose nearly 5% after Baird upgraded the stock to outperform. Analyst Joe Vruwink highlighted a positive outlook from company management, citing potential benefits from recent initiatives.
Rivian Automotive
The electric vehicle makers stock dipped 1.3% following a downgrade by Guggenheim from buy to neutral. Analyst Ronald Jewsikow pointed to expectations of weaker long-term sales for Rivians R2 and R3 models.
SolarEdge Technologies
Shares gained nearly 2% after Barclays upgraded the stock from underweight to equal weight. The bank noted that while the overall market is expected to contract in 2026, SolarEdge is positioned for growth in 2024 and 2025.
Bitcoin Miners
Bitcoin mining stocks rallied early Monday as Bitcoin hit a record high above $120,000. Riot Platforms , CleanSpark , and MARA Holdings all saw their shares rise by 3% or more.
Synopsys and ANSYS
Synopsys shares jumped about 4% after Chinese regulators conditionally approved its $35 billion acquisition of ANSYS. ANSYS shares surged 6% on the news.
Affirm
The buy-now-pay-later company saw its stock drop 2.5% after BTIG downgraded it from buy to neutral. The downgrade cited concerns over looser underwriting practices by prime lenders like Capital One and Synchrony, which could negatively impact fintech companies like Affirm.
Fastenal
Shares of the industrial supply company rose 3% after its second-quarter earnings exceeded expectations. Fastenal reported earnings of 29 cents per share, beating the 28 cents per share forecast by analysts polled by FactSet.
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COMTEX_467321335/2927/2025-07-14T09:00:37