Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more

Here’s a glance at some buzzworthy companies before the market opens:

Spotify Technology’s stock experienced a significant 13% increase following a surpassing of estimations in the company’s Q2 earnings. Their gross margin and operating income also exceeded predictions.

General Motors saw a 4.6% boost after Q2 estimations were comfortably exceeded. The car manufacturer also announced revamping moves for its autonomous vehicle and China businesses.

A modest 0.5% increase was witnessed by Lockheed Martin after beating earnings and revenue forecasts. Earnings per share and revenue both outdid analysts’ anticipations.

Coca-Cola Company benefitted from an earnings report surpassing expectations, resulting in a 1.7% stock rise. The beverage giant also revised its full-year guidance for organic revenue.

NXP Semiconductors experienced a 7% fall in shares following a miss in Q2 earnings estimates. However, revenue was aligned with expectations.

United Parcel Service’s shares declined by almost 9% as both top and bottom lines missed Q2 estimates.

Danaher’s stock saw a 6% leap after outdoing Q2 earnings and revenue expectations. The company CEO expressed satisfaction over the sustained momentum in the bioprocessing business.

Crown Holdings observed a 6% gain after Q2 earnings beat analysts’ predictions, as per FactSet consensus estimates. The packaging company also offered better-than-expected full-year earnings guidance.

Zions Bancorporation’s shares rose 3% after exceeding Q2 earnings expectations. Earnings per share were higher than anticipated by LSEG’s polled analysts.

GE Aerospace recorded a 4% rise in shares following a surpassing of Q2 earnings estimates. Earnings per share and revenue well exceeded expectations.

Comcast’s shares suffered a 2% decline after mixed results from their latest quarter. Though earnings per share beat expectations, revenue fell short of the LSEG estimated value.