The stocks making the biggest moves in premarket trading include Nike, General Mills, J&J, KKR, KB Home, and more.
– Shopify disclosed a data breach which it said affected fewer than 200 merchants who use its e-commerce platform. Shopify said the breach was an attempt by two now-fired workers to gain transaction records, and that so far, it has not found any evidence of the data being utilized for any purpose. – Cubic received a takeover bid of an undisclosed amount from Elliott Management and buyout firm Veritas Capital, according to people familiar with the matter who spoke to Reuters.
The bid follows weeks of private talks with the provider of defense and transportation technology. Earlier this week, Cubic announced the adoption of a so-called "poison pill" after Elliott took a 15% stake. – The stock was named a "bearish Fresh Pick" at Baird, which said that although the advancements announced at Tesla's "Battery Day" were impressive, the stock's current price already reflects Tesla's disruption potential.
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