
Stock futures were falling Monday with investors concerned a relief rally from the end of last week may not have legs.
These stocks were poised to make moves:
Hims & Hers Health Inc. sank 16% after the online drug retailer said Saturday it would no longer offer a compounded pill version of Novo Nordisk’s popular weight-loss medicine Wegovy following increased scrutiny from federal regulators. Novo Nordisk’s American depositary receipts gained 6.4% on Monday.
Micron Technology was the S&P 500’s biggest decliner, sliding 4%. The selloff followed a report that said Samsung Electronics would start large-scale production of the next generation of high-bandwidth memory chips as soon as this month. That would be a challenge for Micron, which makes HBM chips that are a crucial part of AI processors. Samsung didn’t immediately respond to a request for comment from Barron’s.
Kroger jumped 5%. The retailer was the S&P 500’s best performer in the premarket session. Kroger is poised to hire former Walmart executive Greg Foran as its next CEO, The Wall Street Journal reported, citing people familiar with the matter. Kroger didn’t immediately respond to a request for comment from Barron’s.
STMicroelectronics NV gained 6% after the European semiconductor manufacturer said it had struck a multiyear, multibillion-dollar with Amazon’s cloud-computing arm, Amazon Web Services. AWS will also have the option to buy a stake of up to 2.7% in STMicroelectronics.
Amazon.com, meanwhile, fell 0.4% ahead of the opening bell. Shares had their worst day since August 2025 on Friday, tumbling after the online retailer said it was planning $200 billion in capital expenditures in 2026 as it bids to meet surging demand for artificial intelligence. The selloff made Amazon the worst performer in the Dow Jones Industrial Average on the day that the index topped 50,000 for the first time ever.
NVIDIA dropped 1% in premarket trading, giving up some of its gains from Friday. The chip maker soared 7.9% on the expectation that Amazon’s spending spree will drive up sales of advanced graphics processing units. The stock snapped a five-day losing streak and had its best session since April, according to Dow Jones Market Data.
DraftKings Inc. ticked up 0.3%, and FanDuel owner Flutter Entertainment rose slightly. Shares in the sports betting companies struggled in the run-up to Super Bowl LX, in part due to the threat posed by online prediction markets such as Kalshi and Polymarket.