Stocks making the biggest moves premarket: Moderna, Carnival, Zoom and more

Stocks making the biggest moves premarket: Moderna, Carnival, Zoom and more

— Shares of the vaccine maker continued their rally, jumping more than 11% in early morning trading Monday after gaining 20% on Friday. On Sunday the company's chief medical officer said Moderna  against the omicron variant of Covid early next year. Airlines — Major airlines ticked up as investors bought the dip following , in response to the newly discovered omicron variant of Covid-19. , and each gained about 1%, after losing about 7% Friday. Travel booking site also rose, about 2%. Cruise lines — , and each rose more than 3% amid the broader rebound in travel stocks from Friday's omicron-driven sell-off. — Shares of the shoe manufacturer rose 2.5% after several analysts initiated coverage of the stock. Morgan Stanley and Bank of America both posted a price target of $23, implying 16% upside to Friday's close. — The cryptocurrency exchange's shares rose more than 2% as the price of bitcoin rebounded, after selling off with the broader equities market on Friday. Other crypto-related equities got a lift too, with rising 3.4%. and added more than 1%. — Zoom shares fell almost 2%, moving in the opposite direction of travel stocks and following a 5.7% jump on Friday.