Check out the companies that are trending in pre-market trading. TESLA — Tesla’s “Full Self-Driving” driver-assistance software may soon be available in the country after the electric car company announced Sunday that local Chinese authorities have lifted restrictions on its cars. Shares soared more than 10% premarket after expectations rose. Paramount — The company’s stock rose more than 5% in premarket trading after reports the company’s board of directors was preparing to fire CEO Bob Bakish as early as Monday morning. Paramount will report its financial results after the bell on Monday. Domino’s Pizza — The pizza chain’s stock rose more than 5% after its first-quarter profit beat. Domino’s Pizza reported earnings of $3.58 per share, compared to the $3.39 expected by analysts surveyed by LSEG. Same-store sales growth in the United States increased compared to the same period last year. Southwest Airlines — Airline shares fell 1.2% after Jefferies downgraded the stock from hold to underperform. “It’s time to throw the baby out with the bathwater,” analyst Sheila Kahyaoglu said after the company missed its downwardly revised revenue per available seat mile (RASM) outlook for the first quarter. ” he said. Apple — Shares rose more than 2% after Bernstein upgraded the tech stock to outperform the market. Analyst Toni Sacconaghi said recent concerns about China’s economic weakness may be overdone, suggesting it’s time for investors to “buy into fear.” Lululemon — The sports apparel retailer’s stock fell 1.6% after Barclays downgraded it from overweight to equal weight. The company cited changing consumer spending trends and increased competition for this call. SoFi — Shares rose more than 2% after the consumer fintech company posted a profit of 2 cents per share on revenue of $581 million in the first quarter. According to LSEG, this beat analyst expectations of 1 cent per share on revenue of $556 million. AMC Entertainment — Shares fell more than 1% after the movie theater giant reported a first-quarter loss of 62 cents a share, compared to FactSet’s forecast of 79 cents a share. The company also predicted that box office performance in the second quarter would continue to be depressed by the impact of last year’s strike. — CNBC’s Sarah Ming, Yun Li, Michelle Fox, Pia Xin and Jesse Pound contributed reporting.
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