Stocks making the biggest moves premarket: Kohl’s, FactSet, Alibaba and others

Stocks making the biggest moves premarket: Kohl’s, FactSet, Alibaba and others

(KSS) – The retailer's stock rallied 2.8% in the premarket following news that activist investor Engine Capital is urging Kohl's to consider either a sale of the company or a separation of its e-commerce business. Engine Capital has a Kohl's stake of approximately 1%. (GCP) – The maker of specialty construction chemicals agreed to be acquired by French construction company Saint-Gobain for $32 per share in cash, or about $32 billion. GCP surged 13.3% in premarket trading. (FDS) – The provider of financial information will join the S&P 500 prior to the market opening on December 20, along with (SBNY) and (SEDG). They'll replace (LEG), (HBI), and (WU), which will all move to the S&P MidCap 400. (BABA) – The China-based e-commerce giant saw its shares add 1% in premarket action after it announced a reorganization of its e-commerce teams and named a new chief financial officer. (MSTR) – MicroStrategy tumbled 7.9% in the premarket following the weekend slide in the price of bitcoin. The business analytics software company has billions of dollars in bitcoin holdings on its balance sheet. (LCID) – The electric vehicle maker's stock slumped 14.7% in premarket trading after it received a subpoena from the Securities