Today's Pre-Market Stock Movers: WBA, K, LLY, DAL and More

$Kellanova(K.US)$ +2.73% (Goldman Sachs upgraded the company to buy. The firm said Kellogg was “mispriced” compared to the potential growth opportunity offered to investors.)

$Delta Air Lines(DAL.US)$ +1.27% (Delta forecast full-year adjusted earnings of $6 per share, at the high end of previous guidance. The company cited strong demand and customers trading up to more expensive share classes as reasons for the more optimistic outlook.)

$American Equity Investment Life(AEL.US)$ +17.21% (Bloomberg reported Canadian investment firm Brookfield was close to making a deal to buy the insurance firm for approximately $4.3 billion.)

$Eli Lilly and Co(LLY.US)$ +1.93% (Eli Lilly released clinical results Monday that showed its experimental drug retatrutide helped patients lose up to 24% of their weight after almost a year.)

Gapping down
$Walgreens Boots Alliance(WBA.US)$ -8.42% (The company lowered its full-year earnings guidance to $4 to $4.05 per share from its previous forecast of $4.45 to $4.65 per share. It also reported adjusted earnings per share for its fiscal third quarter of $1, missing a Refinitiv forecast of $1.07.)

$Lordstown Motors(RIDE.US)$ -56.96% (The U.S. electric truck maker filed for bankruptcy protection and sued Taiwan's Foxconn for a deal that came apart.)

$Host Hotels & Resorts(HST.US)$ -1.77% (Morgan Stanley downgraded the company to underweight from equal weight. The Wall Street firm said it expects deteriorating trends in key markets and higher competitive supply versus its peer group.)