Take a look at the companies making headlines in premarket trading: Tesla – Shares rose more than 10% in premarket trading after the electric vehicle company said Sunday that local Chinese authorities had lifted restrictions on its cars , raising expectations that Tesla's Full Self-Driving driver assistance software would soon be available in the country. Paramount – The entertainment company saw its shares rise more than 5% in premarket trading following reports that its board is preparing to fire CEO Bob Bakish Monday morning. Paramount reports earnings after the bell on Monday. Domino's Pizza — Shares of the pizza chain rose more than 5% after reporting a first-quarter profit decline. Domino's reported earnings per share of $3.58, versus the $3.39 expected by analysts polled by LSEG. U.S. same-store sales growth increased year over year. Southwest Airlines – The airline's stock price fell 1.2% after Jefferies downgraded the stock to underperform on watch. Analyst Sheila Kahyaoglu said it's time to “throw the baby out with the bathwater” after the company missed its lowered revenue per available seat mile (RASM) guidance for the first quarter. Apple – Shares rose more than 2% after Bernstein upgraded the tech stocks to outperform the market. Analyst Toni Sacconaghi said concerns about recent weakness in China may be overblown, indicating it is time for investors to “buy the fear.” Lululemon – Shares of the athletic apparel retailer fell 1.6% after being downgraded from overweight to equal weight at Barclays. The company cited changing consumer spending trends and increased competition for the call. SoFi – Shares rose more than 2% after the consumer fintech company posted first-quarter earnings of 2 cents per share on revenue of $581 million, ahead of analyst estimates of 1 cent per share on revenue of $556 million per LSEG. AMC Entertainment – Shares fell more than 1% after the movie theater giant announced a first-quarter loss of 62 cents per share, compared with FactSet estimates of 79 cents per share. The company also said it expects second-quarter box office performance to remain under pressure from last year's strikes. – CNBC's Sarah Min, Yun Li, Michelle Fox, Pia Singh and Jesse Pound contributed reporting.
