Today's Pre-Market Stock Movers: BILI, MGM, SI, XPEV and More

$United Airlines(UAL.US)$ +1% (Morgan Stanley upgraded United Airlines to overweight from equal weight, saying 2023 could be a "goldilocks" year for the airline stock.)

Shares of Chinese internet stocks jumpedin premarket trading after Beijing and Shenzhen reportedly further eased public health control measures. The $Invesco Golden Dragon China ETF(PGJ.US)$ was up more than 5%. Shares of $Bilibili(BILI.US)$ surged 16%, while shares of $Baidu(BIDU.US)$ and $PDD Holdings(PDD.US)$ were each up more than 5%. $Alibaba(BABA.US)$ rose more than 4%.

$MGM Resorts International(MGM.US)$+3% (Truist upgraded it to buy, saying shares of the casino operator can jump more than 30% on a strong 2023 Las Vegas Strip calendar.)

$Murphy Oil(MUR.US)$ +2% (JPMorgan upgraded the stock to overweight from neutral in its 2023 exploration and production outlook, saying it’s one of the few operators in its coverage with conventional assets, such as oil sands, and a stable production profile.)

$Domino's Pizza(DPZ.US)$ +1% (BTIG upgraded the stock to buy from neutral, saying margins are set to rebound in 2023 because of higher menu pricing.)

$Starbucks(SBUX.US)$ -1.3% (Deutsche Bank downgraded Starbucks to hold from buy, saying further gains will be harder to come by after the stock's recent outperformance.)

$Silvergate Capital(SI.US)$ -3% (Morgan Stanley downgraded Silvergate Capital to underweight from equal weight, saying a "high level of uncertainty" remains around the stock following the FTX collapse.)