Stocks making the biggest premarket moves: Mobileye, Epam Systems, Thor Industries, Apple & more

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Check out the companies making the biggest moves in premarket trading:

Mobileye — Shares sank 5% following a Securities and Exchange Commission filing Monday that showed an Intel subsidiary will sell 35 million Class A shares in a secondary offering. Mobileye will not receive any proceeds from the sale.

Coinbase — Shares of the crypto company sank more than 15% in premarket trading after the Securities and Exchange Commission sued Coinbase, alleging that the company was acting as an unregistered broker and exchange. The move comes shortly after the SEC filed suit against Binance on similar grounds.

Epam Systems — The software firm fell 2.9%, a day after the company posted second-quarter earnings and revenue guidance that was below analysts expectations. It also lowered its full-year earnings and revenue guidance to below analysts' expectations.

Thor Industries — Shares surged nearly 10% after the RV manufacturer reported an earnings and revenue beat. The company also upped its full-year earnings guidance.

McCormick — The stock added about 2% following a double upgrade to buy from underperform by Bank of America. The Wall Street firm cited easing volume pressures and called the stock a «growthy staple.»

GitLab — Shares of the software development platform company surged nearly 30% in premarket trading after Gitlab reported a smaller-than-expected loss for its first quarter. GitLab reported an adjusted loss of 6 cents per share on $126.9 million in revenue. Analysts surveyed by Refinitiv were expecting a loss of 14 cents per share on $117.8 million of revenue. Revenue grew 45% year over year.

Ferguson — Shares of the distribution company slipped 3.4% after Ferguson reported a 2% decline in net sales for