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

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Check out the companies making headlines before the bell:

DraftKings (DKNG) – The sports betting company's stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to rise.

Roku (ROKU) – Roku shares were down 26% in the premarket, despite better-than-expected earnings for its latest quarter. The maker of video streaming devices' revenue fell short of analyst forecasts, and it issued a weaker-than-expected outlook due to higher component prices and supply chain disruptions.

Bloomin' Brands (BLMN) – The restaurant operator beat estimates by 8 cents with an adjusted quarterly profit of 60 cents per share, with revenue slightly above consensus. The parent of Outback Steakhouse and other chains also reinstated its quarterly dividend and announced a new $125 million share buyback program. The stock surged 6.6% in premarket action.

Deere (DE) – The heavy equipment maker reported quarterly earnings of $2.92 per share, well above the $2.26 consensus estimate, with revenue also topping analyst forecasts. The company also raised its annual profit forecast amid solid demand and higher prices.

Shake Shack (SHAK) – Shake Shack reported an adjusted quarterly loss of 11 cents per share, narrower than the 11-cent loss analysts were anticipating, while the restaurant chain's revenue matched Wall Street forecasts. Shake Shack said the omicron variant kept customers away and led to some temporary restaurant closures. It also issued a downbeat current-quarter forecast amid increasing costs. Shake Shack plunged 15.5% in premarket trading.

Dropbox (DBX) – Dropbox beat