Investors were keeping an eye on a number of companies during premarket trading on Thursday. Apple shares dropped over 2.6% as reports emerged that China is considering a ban on iPhones and other foreign-branded devices in government agencies. Dutch Bros. saw a 6% decrease after announcing a public offering of Class A common stock, while Dave & Buster's dropped 3% following a weaker-than-expected second-quarter earnings report resulting in a year-over-year pro forma decline in comparable sales. In contrast, McDonald's saw a slight 1% increase premarket after Wells Fargo upgraded the stock, and WestRock was up 6.7% on news of a potential $20 billion merger with Europe's Smurfit Kappa. ChargePoint Holdings tumbled 11.6% after missing estimates for the fiscal second quarter, while C3.ai dropped 9.2% due to a larger-than-expected operating loss for the fiscal second quarter. Roku shares dropped 1% after Loop Capital downgraded the company to hold, and Verint Systems fell 16.2% as it came up short of expectations for its second-quarter earnings and revenue.
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