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Stocks making the biggest moves premarket

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NetEase — Shares of the Chinese internet company shed 4% after China’s top gaming regulator promised to “further modify and improve” fresh rules targeting excessive gaming. Shares of NetEase had previously plunged 24.6% last Friday upon the introduction of the new guidelines.

Coherus BioSciences — The biopharma stock soared 34% after the U.S. Food and Drug Administration approved Udenyca Onbody, an on-body injection system that patients take in conjunction with chemotherapy to prevent infection. The injection targets febrile neutropenia, the onset of fever in a patient with abnormally low white blood cells and a common side effect in chemotherapy patients. The company expects Udenyca Onbody to be commercially available beginning in the first quarter of next year.

Amazon — The tech titan revealed that starting Jan. 29, advertisements will be incorporated into its Prime Video service. Customers also have the option to pay $2.99 to opt out. Amazon shares remained little changed in active premarket trading.

Tesla — Shares of the electric vehicle maker ticked fractionally higher after the company announced a revamp of its Model Y vehicle, Bloomberg News reported, citing familiar sources. Tesla expects to refresh the model from its Shanghai plant beginning in the middle of next year.

— Reports /TrainViral

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