Some of the largest premarket stock movers include DraftKings, Roku, and Deere.

Check out the companies making headlines before the bell:

Despite a narrower-than-expected quarterly loss and revenue that beat estimates, DKNG's stock fell 13.2% in the premarket. DraftKings expects a wider-than-expected adjusted loss for the full year as costs continue to rise.

Despite better-than-expected earnings, Roku shares plummeted 26% in the premarket. The company's revenue missed analyst forecasts, and it issued a weaker-than-expected outlook due to higher component prices and supply chain disruptions.

The restaurant operator exceeded expectations by 8 cents with an adjusted quarterly profit of 60 cents per share, despite revenue being slightly below consensus. The parent of Outback Steakhouse and other chains also reinstated its quarterly dividend and announced a new $125 million share buyback program. The stock price increased by 6.6% in premarket trading.

The heavy equipment manufacturer exceeded both earnings and revenue expectations in the latest quarter, with a profit of $2.92 per share compared to a consensus estimate of $2.26. Additionally, the company raised its annual profit forecast due to strong demand and higher prices.

Shake Shack reported an adjusted quarterly loss of 11 cents per share, narrower than expected, while revenue matched forecasts. The restaurant chain attributed the loss to the omicron variant and temporary restaurant closures. It also issued a downbeat current-quarter forecast amid increasing costs. Shake Shack plummeted 15.5% in premarket trading.

Dropbox exceeded earnings estimates by 4 cents with adjusted quarterly earnings of 41 cents per share, and its revenue also surpassed Street projections. However, despite higher paid user numbers and average revenue per user, the stock fell 6.3% in premarket trading as its current-quarter profit margin guidance was slightly lower than anticipated.

DuPont and Celanese reached an $11 billion deal for the sale of the majority of DuPont's materials unit. Both companies' stocks experienced gains in the premarket, with DuPont increasing by 4.1% and Celanese gaining 3.8%.

Pilgrim's Pride experienced a 14.8% decline in premarket trading after JBS abandoned plans to acquire the remaining 20% stake in the poultry producer that it doesn't already own. JBS currently holds an 80% stake in Pilgrim's Pride, but the two sides were unable to reach an agreement on the terms of the deal.

Intel aims to achieve double-digit annual revenue growth in three to four years, as stated by CEO Pat Gelsinger. Additionally, Intel may be interested in joining a consortium to purchase British semiconductor company Arm Ltd. Despite this, Intel's stock fell 1% in premarket trading.

NortonLifeLock has postponed the completion date of its acquisition of Avast from February 24 to April 4, citing the need for additional regulatory approvals in the U.K. and Spain. As a result, NortonLifeLock's stock price fell by 1% in the premarket.