Stocks making the biggest moves before the market: AMC, DPZ, TSLA

Check out which companies are making headlines in the morning trade.

AMC Entertainment Shares rose 37% after a judge on Friday rejected a proposed settlement related to AMC Entertainment’s plan to convert preferred stock into common stock. The company said it had filed a revised stock plan. Blue chips lost about 2% before the bell.

Domino’s Pizza — The stock lost nearly 4% in premarket trading after Domino’s reported mixed quarterly results. The company reported earnings of $3.08 per share from $1.02 billion in revenue. Analysts surveyed by Refinitiv looked for EPS of $3.05 on revenue of $1.07 billion.

Mattel — The toy maker gained 1.5% after a Barbie doll posted strong opening numbers at the weekend box office. Warner Bros. Discovery, the parent company of the studio that made the movie, rose 0.9%.

Tesla — Electric vehicle shares lost more than 1% after UBS downgraded the stock to a low-weight rating, saying the recent rally fully explains the surge in demand spurred by recent price cuts.

American Express — The financial services stock lost nearly 2 percent before the bell after Piper Sandler downgraded the stock to underweight and lowered its price target. The company expressed concerns about the company hitting revenue and profit growth targets.

UPS – Shares lost more than 1% before the bell as about 340,000 employees prepare to strike across the country.

Shopify — The e-commerce stock edged up 2.5% after MoffettNathanson upgraded the stock to an outperform rating, saying its Shopify business is nearing an inflection point.

Chevron – Shares jumped 0.5% after Chevron announced veteran Emir Bonner would become its next chief financial officer next year. The company announced preliminary second-quarter earnings results Sunday evening. Chevron reported adjusted earnings of $3.08 per share, which beat analyst estimates.

— CNBC’s Alex Haring and Hakyung Kim contributed reporting