Stocks making the biggest moves in the premarket: Southwest Airlines, Robinhood, SoFi Technologies and more

Stocks making the biggest moves in the premarket: Southwest Airlines, Robinhood, SoFi Technologies and more

(LUV) – The airline over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of a Covid-19 vaccine mandate. Southwest fell 2.8% in premarket trading. (HOOD) – The trading platform's stock fell 2.1% in premarket action, following a Securities and Exchange Commission filing that detailed the risks of increased regulation of cryptocurrency trading as well as possible new rules surrounding payment for order flow. (SOFI) – The fintech company's stock rallied 3.1% in premarket action after Morgan Stanley initiated coverage with an "overweight" rating, calling it a "powerful revenue growth story" as it gains market share in the consumer finance space. (AAPL) – Apple asked a judge to delay changes to its App Store that would require it to allow developers to bypass Apple's in-app payment system. The changes stemmed from the case involving "Fortnite" creator Epic Games and is scheduled to go into effect December 9, but Apple is asking that its appeal be allowed to play out first. (MRK) – The drugmaker and partner Ridgeback Biotherapeutics announced the submission of an Emergency Use Authorization application to the