Stocks making the biggest moves in the premarket: Albertsons, Otis Worldwide, Pearson & more

Stocks making the biggest moves in the premarket: Albertsons, Otis Worldwide, Pearson & more

Take a look at some of the biggest movers in the premarket:

Albertsons (ACI) - The grocery store operator came in 9 cents a share ahead of consensus, with quarterly profit of 60 cents per share. Revenue also beat estimates. Albertsons predicted comparable sales for the current fiscal year falling between 6% and 7.5%. The stock was down 1.5% in premarket trading.

Otis Worldwide (OTIS) - The maker of elevators and escalators beat estimates by 9 cents a share, with quarterly earnings of 72 cents per share. Revenue came in above forecasts as well. Otis also raised its full-year forecast as organic sales continue to improve. Its stock jumped 5.2% in the premarket.

Johnson & Johnson (JNJ) - States began administering Johnson & Johnson's Covid-19 vaccine over the weekend after federal regulators recommended that a pause be lifted. Separately, J&J is reviving plans to sell its Mentor Worldwide breast implant unit, according to a Bloomberg report. Those plans were put on hold last year due to the pandemic.

Apple (AAPL) - Apple announced plans to invest $430 billion to expand its U.S. footprint and create 20,000 new jobs across the country over the next five years. It will invest in a variety of areas