Investing.com -- U.S. stock futures traded largely unchanged Tuesday, ahead of the release of key producer inflation data.
Here are some of the biggest premarket U.S. stock movers today:
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GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) stock both more than doubled as a rally in so-called meme stocks continued after a key figure in their 2021 rally re emerged from an extended break on social media.
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Kraft Heinz (NASDAQ:KHC) stock rose 0.1% after the Wall Street Journal reported that the packaged foods giant is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion to $5 billion.
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Apple (NASDAQ:AAPL) stock rose 0.2% after Bloomberg reported the tech giant is gearing up to sell its Vision Pro mixed-reality headset outside the United States, in a bid to invigorate demand for its most expensive bet in years.
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Home Depot (NYSE:HD) stock rose 0.5% after the home-improvement retailer beat profit estimates for the first quarter but sales fell slightly short as the spring selling season got off to a delayed start.
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Paysafe (NYSE:PSFE) stock rose 12% after the online payments company reported an increase in revenue in the first quarter and reaffirmed its full-year outlook.
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Alibaba (NYSE:BABA) ADRs fell 4.5% after the Chinese e-commerce company reported March quarter earnings below expectations, posting a 86% profit drop, though revenue was above expectations.
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On Holding (NYSE:ONON) stock rose 10% after the sportswear company reported a surge in net profit for the first-quarter, helped by increased revenue supported by direct-to-consumer sales.