Try the businesses making headlines earlier than the bell. Chevron , Hess — Chevron shares slumped greater than 2% after the oil large stated its shopping for smaller rival Hess in an all-stock deal totaling $53 billion, or $171 a share. Hess shares moved barely greater. Apple — Apple shares fell 1.5% following a report from the World Occasions that Foxconn, a significant provider for the tech large is going through a tax and land-use associated investigation in China. Walgreens Boots Alliance — The pharmacy operator rose practically 3% after JPMorgan upgraded Walgreens Boots Alliance shares to chubby from impartial. The agency stated it expects a “cleaner yr forward” for the corporate and an bettering money circulation profile. Textainer Group — Textainer popped greater than 42% after various asset supervisor Stonepeak stated it might purchase the leasing container firm in a deal totaling $2.1 billion in fairness worth and $7.4 billion in enterprise worth. Salesforce — The software program large misplaced practically 2% after Piper Sandler downgraded shares to impartial from chubby, citing heightened execution and M & A dangers. Roivant Sciences , Pfizer — Swiss well being care firm Roche stated it might purchase Telavant Holdings from Roivant Sciences and Pfizer in a deal value $7.1 billion. Shares jumped 5.7% and1.1%, respectively. Okta — Shares of the cybersecurity agency fell greater than 3% in premarket buying and selling as buyers thought-about the fallout from a knowledge breach on the firm introduced final week. The slide comes after a drop of greater than 11% on Friday. Citi and Evercore ISI each warned that Okta’s enterprise may undergo a near-term hit from on account of the assault. Alcoa — The aluminum inventory dropped greater than 3% earlier than the bell. Financial institution of America downgraded Alcoa to a impartial ranking and slashed its worth goal, citing considerations of a near-term earnings decline. — CNBC’s Jesse Pound contributed reporting
