Today's pre-market stock movers: BKNG, TWTR, SHOP, EBAY and more

• $Intercept Pharmaceuticals(ICPT.US)$ +25.7% (to sell license to commercialize Ocaliva outside the US to Advanz Pharma for upfront payment of $405 mln)

• $Albemarle(ALB.US)$ +13.9% (earnings reports)

• $Booking Holdings(BKNG.US)$ +10% (Booking Holdings' Outlook for a 'Busy' summer season drives the stock sharply higher)

• $AxoGen(AXGN.US)$ +9% (reports top-line results from RECON study of Avance Nerge Graft)

• $Cumulus Media(CMLS.US)$ +7.2% (announces modified Dutch auction tender offer to purchase up to $25 mln of its outstanding Class A common stock)

• $Dorian LPG(LPG.US)$ +6.8% (increases dividend)

• $Falcon Minerals(FLMN.US)$ +6.6% (provides QI production results; increases dividend)

• $Paymentus Holdings(PAY.US)$ +5 (earnings reports)

• $Athira(ATHA.US)$ +5% (Leading Independent Proxy Advisory Firm ISS Recommends that Athira Shareholders Vote on Athira's WHITE Proxy Card)

• $PetIQ(PETQ.US)$ +4.9% (also names new COO)

• $Denbury Resources(DEN.US)$ +4.4% (authorized a share repurchase program under which the Company may repurchase up to $250 mln of its outstanding shares of common stock)

• $Twitter (Delisted)(TWTR.US)$ +1.9% (Elon Musk details equity commitment letters received)

• $MYR Group(MYRG.US)$ +1.1% (authorizes $75 mln share repurchase program)

• $Esperion Therapeutics(ESPR.US)$ +1.6% (upgraded to Neutral from Underweight at JP Morgan)

• $Shopify(SHOP.US)$ -12.4% (it reported adjusted quarterly earnings of 20 cents per share, well below the 64-cent consensus estimate)

• $EMCORE(EMKR.US)$ -10% (awarded contract for custom MEMS gyroscopes)

• $Wayfair(W.US)$ -8.9% (it reported an adjusted quarterly loss of $1.96 per share, 40 cents wider than expected, although revenue matched forecasts. Active customer numbers were down 23.4% compared to a year earlier.)
• $eBay(EBAY.US)$ -7.8 (a weaker-than-expected revenue forecast, even as the e-commerce company beat profit and revenue predictions for its most recent quarter)

• $Aspen Aerogels(ASPN.US)$ -5% (stock offering)

• $Controladora Vuela Compania de Aviacion(VLRS.US)$ -3.8% (reports April traffic)

• $LGI Homes(LGIH.US)$ -1.8% (announces April home closing data)

• $Spirit Airlines(SAVE.US)$ -1.4% (Spirit reported an adjusted quarterly loss of $1.60 per share, wider than the 58-cent loss Wall Street had anticipated, with revenue also below forecasts)

• $BioAtla(BCAB.US)$ -8.1% (downgraded to Neutral from Outperform at Credit Suisse)

• $New Residential Investment(NRZ.US)$ -1.9% (downgraded to Neutral from Overweight at Piper Sandler)

• $IDEXX Laboratories Inc(IDXX.US)$ -1.5% (downgraded to Neutral from Buy at BofA Securities)

• $Murphy Oil(MUR.US)$ -1.3% (downgraded to Neutral from Overweight at JP Morgan)