Today's Pre-Market Stock Movers: DOCU, ZS, DWAC, MARA and More

$Tesla(TSLA.US)$ +1.3% (The electric vehicle maker is considering building a lithium refinery for EV battery production in Texas this year, according to an application filed with the Texas Comptroller’s Office.)

$Regeneron Pharmaceuticals(REGN.US)$ +1% (Morgan Stanley upgraded shares to overweight following positive results from its eye drug trial. It comes a day after the stock soared nearly 19% on the back of those results.)

$Restoration Hardware(RH.US)$ -1% (disappointing revenue guidance. RH expects third-quarter revenue to decline between 15% and 18%, more than a StreetAccount forecast for a 10.7% drop.)

$Navient(NAVI.US)$ -2.1% (Barclays downgraded the student loan servicer’s stock to equal weight. The firm said President Joe Biden’s debt forgiveness plan could hurt Navient’s earnings going forward.)

$Virgin Galactic(SPCE.US)$ -1.9% (Bernstein downgraded the stock to underperform, citing declining confidence in Virgin Galactic’s business as it burns through cash and delays flights.)

$Enphase Energy(ENPH.US)$ -1.1% (an analyst from Guggenheim downgraded the rating on the stock to Neutral from Buy.)

$Zumiez(ZUMZ.US)$ -13% (disappointing quarterly results. Zumiez earned 16 cents per share, below a StreetAccount estimate of 47 cents per share. The company’s gross margin was also below expectations.)