Stocks making the biggest moves in the premarket: Amazon, AutoZone, Tesla, Nikola & more

Stocks making the biggest moves in the premarket: Amazon, AutoZone, Tesla, Nikola & more

Take a look at some of the biggest movers in the premarket:Amazon.com (AMZN) – Bernstein upgraded Amazon to "outperform" from "market perform," saying a 16% drop in the stock over the past few weeks has created an attractive entry point. Bernstein highlights Amazon's growth prospects, noting a 50% increase this year in fulfillment capacity.AutoZone (AZN) – The auto parts retailer reported fiscal fourth-quarter earnings of $30.93 per share, beating the consensus estimate of $25.01 a share. Revenue was also above forecasts, with comparable sales more than doubling estimates with an increase of 21.8%. AutoZone said market conditions remain uncertain heading into the new fiscal year.Tesla (TSLA) – Tesla CEO Elon Musk tweeted that battery production plans to be announced at today's "Battery Day" event won't reach high volume production until