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        Stocks making the biggest moves premarket:

        — Shares of the British pharmaceutical company gained more $Wayfair(W.US)$ than 2.7% in premarket trading after the company reported positive results for its drug Dato-DXd in a trial for treating a common type of breast cancer.
        — Shares gained more than 2% after Bernstein upgraded home merchandiser to market perform from underperform. The firm cited improving revenue growth and margin commentary.
        Chinese e-commerce stocks — U.S. listed shares of $Alibaba(BABA.US)$ and $PDD Holdings(PDD.US)$ added nearly 4% in premarket trading, while $$ rose 3.3%. Bloomberg reported that China is considering easing rules that cap foreign investment in domestic publicly traded companies.
        — Shares of the biotech firm rose nearly 4% in premarket trading after the company reported positive topline results from a clinical trial of treatment for patients with previously untreated bladder cancer. The results showed the treatment improved both overall survival and progression-free survival, compared with chemotherapy.
        — The tractor manufacturer fell around 1% after Canaccord Genuity downgraded shares to hold from buy, citing slowing growth for large agricultural equipment and normalizing dealer inventories.
        $Arm Holdings(ARM.US)$ — Shares of the chip designer added 1.3% during premarket trading. The stock jumped nearly 25% during its public trading debut but is now trading just above its $51 IPO price. Susquehanna initiated a neutral rating on the company in a Friday note.
        $Charter Communications(CHTR.US)$
        – Shares gained about 2% after Wells Fargo upgraded Charter Communications to an overweight rating, saying that its mobile roll-to-pay offering and rural growth should contribute to accelerating EBITDA and free cash flows.
        $Ralph Lauren(RL.US)$
        — The clothing brand's shares ticked up nearly 1% after Raymond James initiated an overweight rating in a note Thursday evening. Analyst Rick Patel forecasts 20% upside potential from where shares closed on Thursday.
        $YETI Holdings(YETI.US)$
        — Shares gained about 3% in the premarket. Jefferies on Friday called Yeti a "best-in-class" favorite in drinkware, even as the market expands to new entrants.
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