Major premarket stock movements: AstraZeneca, Unity Software, Coinbase, and others

Pre-Market Stock Movement Highlights

Here’s a rundown of companies experiencing significant shifts in pre-market trading:

AstraZeneca — The pharmaceutical giant saw a 3% increase after its experimental drug, tozolakimab, demonstrated a notable ability to reduce the recurrence of chronic obstructive pulmonary disease. The drug has shown promising results in two late-stage trials, with full details expected to be shared at an upcoming medical conference.

TripAdvisor — Shares rose by 3% following an upgrade from Neutral to Buy by Bank of America. This change was attributed to a boost in activist engagement and a wider array of strategic options available to the company.

Argan — The construction firm experienced a surge of over 10.5% after reporting fourth-quarter profits and sales that exceeded expectations. Argan’s earnings reached $3.47 on revenue totaling $262.1 million, compared to analyst forecasts of $1.98 per share and $255.3 million in revenue.

Unity Software — The game development platform jumped by more than 11% after announcing first-quarter adjusted EBITDA in a preliminary range of $130 million to $135 million, surpassing previous guidance of $105 million to $110 million.

Newsmax — Shares of the conservative cable news network climbed 5% after the company reported fourth-quarter earnings along with a more optimistic full-year revenue forecast. Quarterly revenue hit $52.2 million, outperforming the FactSet consensus estimate of $44 million. The forecast for annual sales was adjusted to between $212 million and $216 million, up from the expected $206.1 million.

Cryptocurrency Stocks — Bitcoin prices fell another 3% on Friday, bringing the total two-day slump to over 6%. This impacted several cryptocurrency-related companies, with Strategy dropping more than 2%. Robinhood and Coinbase, well-known trading platforms for digital currencies, fell by over 2.5% and 3%, respectively.

Memory Stocks — Shares of companies that were once favorites on Wall Street at the start of 2026 took another hit on Friday. Micron dropped by 2%, adding to a tough week where it closed down 22% in just six trading days. SanDisk fell more than 3%, while Western Digital and Lam Research decreased by 2.3% and 1.5%, respectively.

Energy Stocks — Following another rise in oil prices on Friday, energy stocks showed gains. Companies like EOG Resources, Phillips 66, Diamond Energy, and Devon Energy all increased by over 1%, leading the S&P 500 gainers.