Check out the companies making the biggest moves premarket: Intel – The chipmaker fell slightly after upsizing a common stock offering to $20 billion from $15 billion. The proceeds, Intel said, would be used for " general corporate purposes ." Hims & Hers Health – Shares fell 6% after the telehealth company trimmed the upper end of its full-year EBITDA outlook. Hims & Hers also posted a net loss of 37 cents per share for Q2, compared with a profit of 17 cents per share in the prior year. Riot Platforms – The crypto miner rallied nearly 20% after its second-quarter revenue topped analyst expectations. Riot's top line clocked in at $174.2 million, while analysts polled by FactSet expected revenue of $154.3 million. The company also announced a 191-megawatt data center lease deal with "a Leading Frontier AI Lab." Plug Power – Shares rallied 13% after the electrical equipment manufacturing company reported a smaller-than-expected loss for the second quarter.
Stocks making the biggest moves premarket: Riot Platforms, Hims & Hers Health, Intel & more