The US stock market is showing a modestly positive start in pre-market trading today, with major indices inching higher. The S&P 500 (ES) is up 0.1%, the Nasdaq 100 (NQ) is gaining 0.3%, and the Russell 2000 (RTY) is also up 0.3%. However, individual stocks are seeing significant movement ahead of the opening bell.

Biggest Pre-Market Movers

Losers

📉 UnitedHealth Group ($UNH) -7.6%
Shares of UnitedHealth are tumbling after news that the Department of Justice (DoJ) has launched an investigation into the company’s Medicare billing practices. This is also weighing on competitors Cigna ($CI) and Humana ($HUM).

📉 Rivian ($RIVN) -3.7%
Electric vehicle maker Rivian is under pressure after issuing a disappointing outlook for fiscal year 2025 vehicle deliveries. Additionally, Cantor Fitzgerald downgraded the stock.

📉 Akamai Technologies ($AKAM) -10.2%
Akamai’s stock is plunging after its next-quarter and full-year guidance failed to meet analyst expectations.

📉 XYZ Corp ($XYZ) -9%
Shares of XYZ Corp are dropping sharply following weaker-than-expected earnings.

Gainers

📈 Booking Holdings ($BKNG) +3%
Booking Holdings is seeing gains after reporting better-than-expected profit, revenue, and quarterly bookings.

📈 Five9 ($FIVN) +16.3%
Five9 shares are soaring after the company topped both top- and bottom-line expectations in its latest earnings report.

📈 MercadoLibre ($MELI) +11.7%
The Latin American e-commerce giant reported a surge in net profit above expectations, along with a revenue beat.

📈 Celsius Holdings ($CELH) +33%
Celsius is skyrocketing after posting strong earnings, with adjusted EPS and revenue topping forecasts. The company also announced plans to acquire Alani Nutrition for $1.8 billion.

📈 Prologis ($PLD) +1.3%
Prologis is seeing a modest gain after raising its annualized dividend by 5% to $4.04 per share.

📈 Meta ($META) +0.6%
Meta shares are slightly higher after the company announced it is trimming employee stock awards by about 10% to prioritize investments in artificial intelligence.

Market Outlook

With a mix of strong earnings reports and company-specific news driving individual stocks, the market is off to an eventful start. Investors will be closely watching how these pre-market movers translate into regular trading session momentum.