Check out the companies making the biggest moves in premarket trading: Rare earth stocks — Treasury Secretary Scott Bessent said Sunday he expects China to delay imposing strict rare earth export controls as part of a trade deal with the U.S., sending shares of rare-earth miners lower. United States Antimony tumbled nearly 15%, Critical Metals dropped 9% and USA Rare Earth fell 7%. MP Materials and Energy Fuels both shed about 4%. Avidity Biosciences — Avidity Biosciences soared nearly 44% after Novartis said it would buy the biopharmaceutical company for about $12 billion in cash. Novartis will pay Avidity shareholders $72 a share, a premium of 46% to Friday’s closing price. U.S.-listed shares of Novartis slipped 1.3%. Janus Henderson — Shares popped nearly 14% following a Bloomberg report that Nelson Peltz’s Trian Fund Management is working with investment firm General Catalyst to buy the remaining shares of Janus Henderson it doesn’t already own. The buyout offer values the asset manager at about $7 billion, according to Bloomberg, who cited people familiar with the matter. Lululemon Athletica — The athletic apparel maker gained 3.3% after it said it was partnering with the National Football League and Fanatics to launch an apparel collectio n for all NFL teams. Chip stocks — Semiconductors tied to China rose as a group after Treasury Secretary Scott Bessent said President Donald T …
