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Stocks making the biggest moves premarket: Toyota, Vir Biotechnology, Eli Lilly and others
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cnbc.comIn this article
Check out the companies making headlines before the bell:
Toyota (TM) – Toyota gained 2.2% in premarket trading, after announcing it would produce a record 800,000 vehicles in January. Toyota is ramping up output to make up for prior production lost to parts shortages.
Vir Biotechnology (VIR) – Vir Biotechnology is rallying 4.3% in the premarket, putting it in position to rise for a fifth straight day. The drugmaker announced further data showing that its Covid-19 antibody therapy – developed in partnership with GlaxoSmithKline (GSK) – was effective against the omicron variant.
Eli Lilly (LLY) – The drugmaker raised its 2022 profit and revenue forecast ahead of today's meeting with the investment community, noting that it is
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