Stocks making the biggest moves premarket: ADBE, COIN, ULTA, NIO

By CNBC
March 13, 2026, 7:46 AM EST
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(CNBC): Adobe CEO to step down after shares tumble 8% in premarket trading; Fertilizer stocks rise on Strait of Hormuz disruptions; Ulta Beauty reports weak earnings; Insulet recalls Omnipod 5 pods; Crypto stocks gain on bitcoin rise; Nio shares up on HSBC upgrade; SentinelOne drops on weak outlook.

In premarket trading, Adobe’s CEO announced plans to step down after shares plummeted 8%, while fertilizer stocks surged due to concerns over Strait of Hormuz disruptions. Ulta Beauty reported disappointing earnings, Insulet is recalling faulty Omnipod 5 pods, and crypto stocks rose alongside bitcoin. Nio saw an increase following a positive HSBC upgrade, but SentinelOne’s stock dropped after issuing a weak earnings outlook.

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