Key premarket movers include SpaceX, Robinhood, and Huntsman, with significant volatility driven by recent corporate developments. SpaceX, Elon Musk’s aerospace venture, gained 10% following its IPO pricing at $135 per share, with premarket trading reaching approximately $212—a 57% premium over the initial offering. Huntsman Corporation declined roughly 10% after announcing a merger agreement with Olin Corporation in an all-stock transaction, forming OlinHuntsman, with the deal targeted to close in early 2027. Olin’s shares dipped slightly, down 1%. Dave & Buster’s stock dropped 14% after reporting first-quarter earnings of $0.16 per share, missing analyst expectations of $0.60, alongside revenue of $559.2 million versus the $580.6 million consensus and a 5.4% year-over-year decline in comparable store sales. Robinhood shares rose over 2% after disclosing plans to reduce its workforce by 10%, with projected restructuring costs of $20 million for severance and related expenses.
