Check out the companies making headlines in pre-market trading: Joby Aviation — Shares of the electric air taxi maker plunged 11% after the company announced previously announced pricing for its stock. Joby sold 30.5 million shares of its common stock at a price of $16.85 per share, resulting in total proceeds of approximately $513.9 million. AST SpaceMobile — Shares rose 11% after the company announced a deal with Verizon to provide customers with cell phone service from space starting in 2026. Verizon stock rose 0.7%. Trilogy Metals — The Canadian mineral exploration company’s U.S.-listed shares soared 8% a day after soaring more than 200% on news the White House would take a 10% stake in the company. Rocket Lab — Shares rose nearly 6% after the aerospace manufacturer won contracts for three additional rocket launchers. U.S. Rare Earths — Shares of the important mineral mining company rose more than 4% as investors speculated the company could strike a deal with the Trump administration. Barbara Hampton, CEO of U.S. Rare Earths, told CNBC last week that the company is working closely with the White House. The Trump administration on Monday acquired a 10% stake in mining company Trilogy Metals, the latest such deal. METALS COMPANY — Shares of the offshore mining company fell 3% after surging Tuesday on speculation the company might reach a deal with the Trump administration. Ionis Pharmaceuticals — The pharmaceutical stock jumped 2.5% after JPMorgan upgraded the stock to overweight from neutral. JPMorgan said the company had an “active” September and provided “encouraging” updates at its innovation events. Figma — Shares rose 2% after OpenAI announced it would integrate the design software vendor’s technology into ChatGPT. SoFi Technologies — The fintech stock rose more than 1%, adding momentum to its 6.8% rise from the previous day. SoFi rose after Politico reported, citing sources, that the Trump administration is considering selling $1.6 trillion in federal student loans to the private sector. Equifax — The credit reporting agency rose more than 2% after announcing changes to its credit score offerings. The company said that its VantageScore 4.0 mortgage credit score would cost $4.50 over two years, less than half the price of FICO. This comes after Fair Isaac announced a new pricing model that allows mortgage lenders to bypass credit bureaus. Nvidia — Shares rose nearly 1% after reports the chipmaker was named in xAI’s $20 billion financing. —CNBC’s Fred Imbert, Spencer Kimball, Lisa Han and Alex Harring contributed reporting.
