Today's Most Moving Stocks: Tesla, Dell, Newmont, Life Storage, Tyson, and More

Despite a better-than-expected jobs report released by the U.S. Labor Department on Friday, stock futures fell on Monday, extending losses from Friday following concerns the Federal Reserve might continue raising interest rates even further.

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It was expected that the following stocks would move on Monday:  

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Tesla TSLA +2.62%  (ticker: TSLA) jumped 1.5% in pre-market trading on Thursday after it raised its Model Y prices following a rule change from the U.S. government that made the SUV eligible for EV tax credits following a rule change from the government.

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Dell Technologies DELL –3.36%  (DELL) it was announced Monday that the company will be reducing its workforce by 5% as part of a regulatory filing. Trade Algo earlier reported that Dell would be laying off 6,650 employees due to a decline in demand for personal computers. As a result of a softening global economy, Dell has joined the ranks of other tech companies that have been cutting jobs to cope with the situation. Stocks of the company gained 0.8% on the day.

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Newmont (NEM), in the wake of the announcement of a $17 billion bid for its Australian rival Newcrest ( NCM ), one of the world's largest gold miner's shares had dropped 6.3%. On the other hand, Australian shares of the company rose 9.3% during the same period.

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Public Storage PSA –0.57%   (PSA) an unsolicited bid of $11 billion was made by Life Storage LSI +11.67% (LSI) for its smaller rival Life Storage LSI +11.67%  (LSI). A letter that Public Storage sent to the management of Life Storage (LSI) has been published on the company's website. The letter details the company's all-stock offer, which is valued at about $129 a share. During premarket trading on Monday, Life Storage shares were up 11.7% to $124.95 after closing Friday at $110.58. It was followed by a drop of 3.9% by Public Storage shares.

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Energizer Holdings (ENR) after the battery maker reported earnings that missed analyst estimates for the fiscal first quarter, as well as sales that fell from a year ago, its shares fell by 6%.

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Tyson Foods (TSN) shares of the food processor fell 5.3% early Monday morning after the company announced adjusted earnings that fell well short of Wall Street expectations. Despite the fact that Wall Street expected $1.31 a share based on sales of $13.52 billion, according to FactSet, the company reported adjusted earnings of 85 cents a share on sales of $13.26 billion.

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Datadog (DDOG) in a report released by KeyBanc, shares of the software company declined 3.1% after the stock was downgraded from Overweight to Sector Weight.

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PayPal (PYPL) NASDAQ shares fell 2.3% after Raymond James analysts downgraded the fintech stock from Outperform to Market Perform following their downgrade.

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Spotify Technology (SPOT) growth was 1.8%. At Wells Fargo, the music-streaming company's shares were upgraded to an Overweight rating from Equal Weight, and at Atlantic Equities, it was upgraded to an Overweight rating from Neutral. It was announced last week that Spotify's revenue rose from a year ago, and that the number of premium subscribers rose by 14% to 205 million, compared to last year.