The largest premarket stock movers include Delta, JPMorgan, BlackRock, and others.

Check out the companies making headlines before the bell:

Delta reported a smaller-than-expected quarterly loss and predicted a current-quarter profit, causing it to rally 6.6% in the premarket. Additionally, the airline announced that monthly revenue surpassed pre-pandemic levels for the first time in March.

JPMorgan's adjusted quarterly earnings of $2.76 per share were 7 cents below estimates, but revenue surpassed Wall Street forecasts. Despite this, the bank's profit decreased by 42% from the previous year due to lower deal volume and declining trading revenue. As a result, the stock price fell by 1.1% in the premarket.

Bed Bath & Beyond reported a quarterly loss of 92 cents per share, which was 125 cents more than analysts expected. Despite raising prices during the quarter, the company faced increased shipping costs and other unfavorable circumstances. As a result, Bed Bath & Beyond's shares dropped 8% in premarket trading.

BlackRock reported an adjusted quarterly profit of $9.52 per share, exceeding the $8.75 consensus estimate. Revenue was in line with forecasts. The asset management firm experienced a surge in inflows, with assets under management increasing to $9.57 trillion from $9 trillion the previous year.

The specialty pharmaceutical company's stock price increased by 48.7% in premarket trading after agreeing to be acquired by HALO for $960 million, or $5.60 per share, in cash.

John Rainey, PayPal's Chief Financial Officer, is leaving the payments company to take the same role at Walmart (WMT) starting June 6. He will replace Brett Biggs, who has been CFO since 2015. PayPal's stock dropped 3.5% in premarket trading.

The drug developer was acquired by GlaxoSmithKline for $1.9 billion, resulting in a 37.5% increase in its premarket share price, while Glaxo's shares rose by 1.1%.

After being named a "top pick" by Morgan Stanley, the brokerage firm's stock increased by 1% in premarket trading. The firm will benefit from rising rates and has an attractive valuation compared to its peers.