These are the stocks posting the largest moves in premarket trading.
Check out the companies making headlines before the bell. United States Steel — The industrial stock plunged 6% after Vice President Kamala Harris opposed the planned sale of United States Steel to Japan's Nippon Steel. She made these statements during a Labor Day rally in front of union members in Pittsburgh, Pennsylvania, where she said that United States Steel was "an historic American company and it is vital for our country to maintain strong American steel companies.
NetApp — The data storage stock added 1.6% following an upgrade to buy from hold at Loop Capital. Loop analyst Ananda Baruah listed several catalysts, including NetApp's cloud storage software partnerships and a recent pullback. Novartis — Shares were down 1.7% following a Jefferies downgrade to hold from buy. Analyst Peter Welford noted that although he's optimistic in the pharmaceutical stock's long-term trajectory, Novartis will need time into 2025 to ramp up its approvals.
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Pennsylvania Steel acquires Birmingham steel service centerHale Nelson will lead the Birmingham operation.
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