Finance

Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more

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Check out the companies making headlines before the bell: Nike — The sportswear stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares. Dynavax Technologies — The biopharmaceutical stock surged 38% after Sanofi said it will acquire Dynavax in a deal with a total equity value of roughly $2.2 billion. Dynavax is a vaccines company with an adult hepatitis B vaccine and differentiated shingles vaccine candidate. UiPath — Shares jumped 8% following an announcement that the agentic automation company will join the S & P MidCap 400. Intel — The American chipmaker dropped 3% after Reuters reported , citing people familiar, that Nvidia recently tested making its chips using Intel’s production process known as 18A but stopped moving forward.

This article was originally published by a Cnbc.com. Read the Original article here. .

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