U.S. stock futures were higher this morning, with the Nasdaq futures surging more than 0.35% on Monday following a strong start to the month and massive acquisition headlines across the consumer and infrastructure sectors.
Shares of Taylor Morrison Home Corp (NYSE:TMHC) skyrocketed in pre-market trading following a definitive buyout announcement from Warren Buffett’s conglomerate.
Berkshire Hathaway agreed to purchase the homebuilder for approximately $8.5 billion in an all-cash transaction. This represents a 24% premium over Taylor Morrison's previous closing price of $58.50. The transaction, which is subject to standard regulatory clearances and shareholder approvals, is expected to close in the latter half of 2026.
Taylor Morrison shares jumped 22.85% to $71.87 in pre-market trading.
Here are some other stocks moving higher in pre-market trading:
- The Elmet Group Co (NASDAQ:ELMT) shares surged 30.28% to $19.91 in pre-market trading on high speculative volume following trailing structural reorganizations and defense supply contract expansions.
- Hyperliquid Strategies Inc (NASDAQ:PURR) climbed 20.82% to $12.07 in pre-market trading, catching strong momentum from weekend decentralized trading protocol volume spikes and ecosystem expansion updates.
- Virgin Galactic Holdings Inc (NYSE:SPCE) rose 18.71% to $7.34 in pre-market trading.
- ARM Holdings PLC (NASDAQ:ARM) pushed 12.85% higher to $398.70 in pre-market trading after gaining 4.19% on Friday.
- IBM Common Stock (NYSE:IBM) rose 12.62% to $335.40 in pre-market trading, building on sustained buying pressure as the company continues to gain institutional inflows following its headline plans to deploy $10 billion toward commercial quantum systems by 2029.
- Jade Biosciences Inc (NASDAQ:JBIO) advanced 11.83% to $23.53 in pre-market trading.
- Alpha Metallurgical Resources Inc (NYSE:AMR) gained 11.77% to $222.39 in pre-market trading after declining by 6.90% on Friday.
- ServiceNow Inc (NYSE:NOW) surged 11.24% to $138.35 in pre-market trading, finding momentum after updating its enterprise generative AI automation software workflows for global cloud clients.
- KRAKacquisition Corp (NASDAQ:KRAQ) ticked up 10.58% to $10.97 in pre-market trading.
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