Stocks making the biggest moves premarket: Twitter, SeaWorld, Shopify and more

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Check out the companies making headlines before the bell:

Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the company. An SEC filing shows Oracle co-founder Larry Ellison and investor Ron Baron are among those committing funds.

SeaWorld (SEAS) – The theme park operator's stock rose 1% in the premarket after it reported a smaller-than-expected quarterly loss and saw revenue exceed estimates as attendance topped pre-pandemic levels

Spirit Airlines (SAVE) – Spirit reported an adjusted quarterly loss of $1.60 per share, wider than the 58-cent loss Wall Street had anticipated, with revenue also below forecasts. Spirit shares lost 1.4% in premarket trading.

Kontoor Brands (KTB) – The company behind the Wrangler and Lee apparel brands beat estimates by 20 cents with adjusted quarterly earnings of $1.43 per share, and revenue also above estimates. Kontoor raised its full-year forecast, although it cut its current-quarter outlook due to Covid lockdowns in China.

Shopify (SHOP) – Shopify plummeted 14.1% in premarket trading after it reported adjusted quarterly earnings of 20 cents per share, well below the 64-cent consensus estimate. The e-commerce platform also gave a cautious outlook as lockdown-inspired growth slows amid the absence of new consumer stimulus money.

Wayfair (W) – The online home goods retailer's shares tumbled 6.4% in the premarket after it reported an adjusted quarterly loss of $1.96 per share, 40 cents wider than expected, although revenue matched forecasts. Active customer numbers were down 23.4% compared to a year earlier.

Booking Holdings (BKNG) – Booking Holdings surged 10.1% in premarket trading after