Beyond Meat, Coinbase, and Tesla are among the stocks experiencing significant movements in the premarket.

Take a look at some of the biggest movers in the premarket:

Tesla will request shareholders' approval to issue more shares at the annual meeting in order to pay a stock dividend and split its stock, as stated in a tweet. Tesla's stock price increased by 5.4% in the premarket.

Beyond Meat's stock price dropped 5.1% in the premarket after Piper Sandler downgraded it to "underweight" from "neutral." Piper cited growing competition for plant-based meat substitutes and lower expectations for the impact of a nationwide McDonald's launch as reasons for the downgrade.

Coinbase, a cryptocurrency exchange operator, is reportedly close to acquiring 2TM, the parent company of Brazilian cryptocurrency broker Mercado Bitcoin, according to a local newspaper. The deal could be finalized by the end of April. Coinbase's stock price increased by 4.2% in the premarket.

According to a report by Japan's Nikkei news service, Apple is reportedly cutting planned iPhone SE output by 20% next quarter due to weaker-than-expected demand. As a result, Apple's stock fell 1.2% in premarket trading.

The acquisition of Poly by HPQ for $40 per share, which is higher than its Friday close of $26.20 per share, is expected to be completed before the end of this year.

The athletic footwear and apparel retailer's stock decreased by 1.7% in premarket trading after Cowen changed its rating from "outperform" to "market perform." Cowen stated that although the valuation is low, investors may not fully recognize the effects of inflation on the company's performance.

The British bank, Barclays, experienced a 3.1% decline in premarket action following the disclosure of a $592 million loss resulting from improper bond trades. Additionally, the bank announced that it would postpone its planned share buyback due to the loss.

Adam Aron, CEO of AMC, announced that the company plans to make more "transformational" deals, following its recent $27.9 million investment in Hycroft, a microcap stock with a market value of $77.3 million as of Friday's close. AMC's stock price increased by 2.2% in the premarket, while Hycroft's stock price surged by 32.8%.

Uber has been granted a new 30-month license to operate in London after a five-year dispute with regulators over safety concerns.

According to sources, Hasbro rejected a settlement proposal from Alta Fox Capital regarding board appointments, despite holding a 2.5% stake in the company. The two sides have been engaged in talks to prevent a proxy battle.

The article has been revised to rectify the misclassification of Beyond Meat from "neutral" to "underweight" by Piper Sandler.