Check out the companies making the biggest moves premarket: SpaceX — Elon Musk’s rocket company jumped another 10% , building on its already massive gains. SpaceX priced its initial public offering at $135 per share and began trading Friday. The stock traded at around $212 in the premarket, 57% above the IPO price. Huntsman — The chemicals manufacturer fell around 10% after it agreed to merge with rival Olin in an all-stock deal . After the merger, the new company will be named OlinHuntsman. The deal is expected to close in the first half of 2027. Olin shares slipped around 1%. Dave & Buster’s — The video game and restaurant stock plunged 14% on weaker-than-expected first-quarter results. The company earned 16 cents per share, well below the StreetAccount forecast of 60 cents per share. Revenue of $559.2 million also missed the $580.6 million consensus. Comparable store sales dropped 5.4% from the year-earlier period. Robinhood — The online brokerage rose more than 2% after announcing it would lay off about 10% of its workforce . Robinhood expects to take around $20 million in charges for severance and benefits costs. Yum Brands — The company said it’s selling its Pizza Hut business to private equity firm LongRange Capital and Yum China for $2.7 billion . Yum shares were up about 0.6%. Correction: This story has been updated to reflect Pizza Hut was sold to both LongRange Capital and Yum China for $2.7 billion.
