Check out the companies making headlines in premarket trading. Boeing – Shares fell 3% after South Korea ordered an inspection of all 737-800 planes — the model involved in a deadly Jeju Air crash over the weekend — operated by its domestic carriers. The crash killed all but two of the 181 people on board, becoming the deadliest air accident in the country’s history. V2X – The defense company advanced 4.2% after announcing a $170 million contract with the Drug Enforcement Administration. Through the agreement, V2X will continue providing support to the DEA’s aircraft fleet. Rigetti Computing — The quantum computing stock slid 5.1%, reversing course after Friday’s rally of more than 10%. Rigetti is among the quantum stocks that have taken off in 2024, skyrocketing more than 1,600% year to date. KULR Technology Group — Shares of the space technology stock shed 3%, giving up some gains after surging 58% last week. KULR said last week that it bought 217.18 bitcoin worth about $21 million, marking its first purchase since announcing a bitcoin treasury initiative earlier this month. Red Cat Holdings — The drone stock popped 2.7%, regaining some ground after Friday’s slide of more than 8%. Despite recent choppiness, shares have surged more than 380% in the fourth quarter as drone sightings in the U.S. rekindled Wall Street’s interest in the sector. Palantir Technologies — The software stock shed 2%, pulling back slightly from its massive year-to-date rally of nearly 361%. Palantir has been the top-performing stock in the S & P 500 in 2024 and has added almost 18% this month alone, after earlier in December extending an army contract worth up to $619 million. VeriSign — Shares rose more than 2% in the premarket. Last week, Berkshire Hathaway disclosed it purchased more than 140,000 shares of the domain registry service company. MicroStrategy — The stock fell more than 2% after MicroStrategy disclosed the sale of more than 592,000 shares, raising about $209 million in proceeds. The company also disclosed the cash from that sale funded the purchase of more than 2,100 bitcoins. — CNBC’s Lisa Kailai Han, Sean Conlon and Pia Singh contributed reporting
https://www.cnbc.com/2024/12/30/stocks-making-the-biggest-moves-premarket-ba-pltr-mstr-and-more.html
