Stocks making the biggest moves premarket: Rivian, Warner Bros., Lyft and more

These are some of the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Rivian Automotive — The EV maker popped 8.8% in early Wednesday trading after increasing its production forecast for the full year by 2,000 units, to 54,000, and posted a smaller-than-expected loss in the latest quarter. Lyft — Shares gained 2.9% ahead of the rideshare company's earnings set for release postmarket Wednesday. Analysts surveyed by FactSet's StreetAccount expect 15 cents per share in earnings on revenue of $1.

Otherwise, eBay beat analyst estimates for third quarter earnings per share, while revenue for the period matched the consensus LSEG forecast. Warner Bros. Discovery — The owner of HBO and The Food Network lost 0.5% premarket after revenue missed analyst estimates along three key metrics , as did adjusted EBITDA for Studios and Networks, according to FactSet. Robinhood Markets — Shares dropped 9% after Robinhood reported disappointing third-quarter revenue.

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Warner Bros. Discovery stock slumps after wider-than-expected loss, while revenue topped projectionsTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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