Fly Intel: Pre-market Movers

HIGHER: Microsoft (MSFT), up 1% after announcing a new $40B share repurchase program and 11% dividend increase... Beyond Meat (BYND), up 2% after being initiated with an Overweight at Barclays. DOWN AFTER EARNINGS: Darden (DRI), down 3%. ALSO LOWER: U.S. Steel (X), down 12% after its Q3 guidance missed analyst expectations... Provention Bio (PRVB), down 11% after its 5M share spot secondary priced at $8.00 per share... Ares Management (ARES), down 4% after its 7M share spot secondary priced at $29.90 per share... Overstock.com (OSTK), down 9% after recently departed CEO Patrick Byrne disclosed that he sold roughly 4.7M shares during the past three trading sessions, exiting his holding in the stock of the company he founded.