See which companies are making the headlines even before the bell rings.

Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s report that the House will vote for a second time next week to legalize cannabis at the federal level. In 2020, the House approved such a bill. However, it was not passed by the Senate. TilrayPremarket: (TLRY) rose 14.1% Aurora Cannabis (ACB) jumped 10.2%, Sundial Growers(SNDL) soared 12% Canopy Growth(CGC), rallied 9.6%.

Bed Bath & Beyond (BBBY) – Bed Bath & Beyond is close to reaching a settlement with investor Ryan Cohen, according to people familiar with the matter who spoke to Bloomberg. According to Bloomberg, the agreement will see three directors be named to the retail’s personal and housewares retailer’s boards. Cohen’s RC Ventures holds a 9.8% stake in Bed Bath & Beyond. Premarket trading saw the stock rise by 1.4%.

Nio (NIO) – Nio shares fell 3.6% in premarket action after the China-based electric car maker reported better-than-expected quarterly sales but saw deliveries fall below analyst estimates.

Honest Company (HNST) – Honest Company posted a wider-than-expected quarterly loss as sales of masks and sanitizing products dropped significantly. The company also provided guidance that was lower than anticipated for the next quarter. Premarket shares fell 19.5%

Shaw Communications (SJR) – Shaw’s shares added 2% in premarket trading after Canadian regulators gave conditional approval to a $16 billion takeover of Shaw’s broadcasting services by Canadian telecom giant Rogers Communications (RCI).

U.S-listed China stocks – These stocks continue to be volatile amid concerns about tighter regulation by Chinese authorities and potential U.S. delistings. AlibabaPremarket activity saw (BABA) lose 3.4% JD.com (JD) losing 4.2%, Pinduoduo(PDD), sliding 6% Didi Global(DIDI) fell 7.1%

Teva Pharmaceutical (TEVA) – Bernstein upgraded the generic drug maker’s stock to “outperform” from “market perform,” noting an improved balance sheet, new product launches and the potential of settling opioid litigation. Teva rose 4.2% on the premarket.

Switch (SWCH) – The technology infrastructure company was downgraded to “equal weight” from “overweight” at Wells Fargo Securities, which said a buyout of Switch is possible but the price would likely be no higher than $32 to $34 per share. Switch was down 2.2% during premarket trading to close at $30.24 on Thursday.

Fortinet (FTNT) – The cybersecurity company’s shares fell 2.1% in the premarket after Bank of America Securities downgraded Fortinet to “neutral” from “buy,” saying strong results are already reflected in the stock’s price.