T1 Energy (TE) shares were 5.7% lower in Tuesday's premarket activity after the company said it is proposing an underwritten public offering of $125 million in convertible senior notes due 2031.

CarMax (KMX) shares were down 4.2% after the company reported lower fiscal Q4 adjusted earnings and net sales and operating revenue from a year earlier.

Telix Pharmaceuticals (TLX) stock was 5.1% lower after the company said it commenced a $550 million offering of convertible notes due 2031.

Wells Fargo (WFC) shares were down 2.4% after the Wall Street bank reported lower-than-expected Q1 revenue.