Stocks making the biggest moves premarket: DraftKings, DoorDash, Deere, Roku and more

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Check out the companies making headlines before the bell:

DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-quarter results that beat expectations. The company reported a loss of 53 cents per share on revenue of $855 million. Analysts polled by Refinitiv had anticipated a loss of 59 cents per share on revenue of $800 million.

DoorDash — The online food delivery company gained more than 5% after posting fourth-quarter revenue of $1.82 billion, topping analyst expectations of $1.77 billion, per Refinitiv. DoorDash also said it will buy back up to $750 million shares. However, the company reported a wider-than-expected loss.

Deere & Company — Shares advanced 3% after Deere exceeded expectations on the top and bottom lines in its latest quarter. The agricultural machinery maker reported per-share earnings of $6.55 on revenue of $11.4 billion. That was greater than $5.57 per share profit forecasted by analysts polled by Refinitiv, and the consensus revenue estimate of $11.28 billion.

AutoNation — Shares rose 4% after AutoNation surpassed profit and sales expectations in its fourth quarter. The car dealership company reported adjusted earnings of $6.37 per share on revenue of $6.7 billion. This was better than consensus estimates for $5.83 earnings per share on revenue of $6.52 billion, according to Refinitiv.

Roku —Shares of the streaming device company rose more than 2% after Bank of America double upgraded the stock to buy from underperform. The Wall Street firm said Roku is on a path to revenue and margin improvement and that the company has been performing better than the broader advertising market. Roku jumped 11% Thursday after the company reported a