Here are some top movers of the premarket.

Palantir Technologies (PLTR) – The data analytics software company’s shares plunged 15.1% in premarket trading after posting a mixed quarter. Palantir posted a profit of 2 cents per shared, which is lower than the consensus estimate of 4 cents per share. Although revenue growth was slowing in government, it was still higher than what we expected. Palantir released a weaker-than-expected forecast of revenue for its current quarter.

Rivian (RIVN) – Ford Motor (F) is selling 8 million of its 102 million share stakeSources who spoke with David Faber at CNBC said that there was a lot of interest in the electric car maker. This move is made as the insider lockup period expires for the stock’s sale. Premarket, Rivian stock fell 15.6%

Uber Technologies (UBER) – Uber plans to slash spendingCNBC received a staff email indicating that they advised employees to focus on their marketing efforts and offer incentives. Dara Khosrowshahi, CEO of Uber said that the ride-hailing company and food delivery service said Uber must become more efficient to meet investor expectations. Uber lost 3% in premarket.

Coty (COTY) – Coty reported quarterly earnings of 3 cents per share, beating the penny a share consensus estimate. Due to high demand, the company also saw revenue surpass expectations. The cosmetics manufacturer raised its full year outlook. Stock rose 1.7% on the premarket.

Energizer (ENR) – The battery maker beat estimates by 9 cents a share, with quarterly profit of 47 cents per share. Energizer increased prices and revenue surpassed Street expectations. Premarket, shares rose 2.3%

Elanco Animal Health (ELAN) – Elanco fell 4.3% in premarket action after the animal health products company lowered its full-year outlook, reflecting the impact of a stronger U.S. dollar. Elanco’s most recent quarter saw slightly higher than expected profit and revenue.

Tyson Foods (TSN) – The stock rose 1% in the premarket after the beef and poultry producer beat profit and revenue estimates for its latest quarter. Tyson’s share price was $2.29, against a consensus $1.91 per share estimate.

BioNTech (BNTX) – BioNTech trounced Wall Street estimates for profit and revenue in its latest quarter, and also backed its prior outlook for 2022 including projections for Covid-19 vaccine sales.

Twitter (TWTR) – Elon Musk detailed his financial goals for Twitter in an investor presentation obtained by the New York Times. These goals include doubling revenue in 2028 and reducing Twitter’s dependence on ads. They also aim to reach 931,000,000 users by 2028 as opposed to the 217 million who were at the end 2021. Premarket trading saw Twitter fall 1.3%

Shell (SHEL) – Third Point’s Daniel Loeb told investors he has added to his stake in energy giant Shell, according to a letter seen by Reuters. Loeb wrote that he held constructive talks with shareholders, management and the board about his proposal to have the company split. Premarket activity saw Shell share prices fall 2.6%

Southwest Gas (SWX) – Southwest Gas reached a settlement with investor Carl Icahn that will see the utility company replace its CEO and give Icahn as many as four board seats. Southwest Gas saw a 1% increase in premarket sales.