Uber, Nuance, Alibaba and more

Take a look at some of the most important premarket engines:

Uber (UBER) – Uber announced record gross bookings for March, up 9% month-over-month for its best activity in a year. The company said in a dossier that demand is recovering faster than driver availability as vaccines spread across the country. The company’s shares rose 2.2% in premarket trading.

Nuance Communications (NUAN) – The voice recognition company is in talks with Microsoft over an acquisition of the tech giant, a person familiar with the talks told CNBC. An agreement could be announced as early as Monday. Nuance shares rose 24% in premarket trading.

Alibaba (BABA) – Chinese antitrust regulators have fined the Internet company $ 2.8 billion and investors seem relieved that the company is not facing more serious regulatory issues. Shares of Alibaba, listed in the United States, rose more than 6% in the premarket.

Match Group (MTCH): The dating app company received an update to “buy” from “neutral” to BTIG, which said in a note that it was bullish on Match’s smaller brands like Hinger and Pairs. Match shares rose 1.4% in premarket trading. BTIG also started Bumble coverage (BMBL) with a “buy” rating.

Tesla (TSLA) – Canaccord Genuity upgraded its fleet of electric vehicles to “buy” from “retain”. The firm said in a note that it expects supply constraints around Tesla’s battery business to be limited by 2022. Shares rose 1.3% in premarket shares.

Chipotle Mexican Grill (CMG) – The shares of the restaurant chain have risen for seven consecutive sessions entering Monday and have risen 0.5% in premarket trading. Raymond James improved on stocks to “outperform” “market performance,” citing improvements in the restaurant industry as a whole in recent weeks.

United Airlines (UAL) – The company said in a dossier that it expects first-quarter revenue to reach $ 3.2 billion, 66% less than in the first quarter of 2019. United shares fell about 0, 9% in premarket trade.

—CNBC’s Michael Bloom contributed to this story.

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