Take a look at some of the biggest movers in the premarket:
Harley-Davidson (HOG) – The motorcycle maker's stock surged 11.7% in the premarket after it announced that it is merging its «Livewire» electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade on the New York Stock Exchange under the ticker symbol «LVW.»
Pfizer (PFE), BioNTech (BNTX) – Pfizer rose 1.4% in the premarket while BioNTech jumped 4.4% after a new Israeli study showed that a booster shot from their Covid-19 vaccine provided strong protection against severe illness from the omicron variant. Pfizer's pre-market gains were trimmed following news of its deal to acquire Arena
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