Today's pre-market stock movers: PTON, NVAX, AMC, SONY and more

• $Biohaven(BHVN.US)$ +70.3% (Biohaven Pharmaceutical and Pfizer (PFE) announce that the companies have entered into a definitive agreement under which Pfizer will acquire Biohaven)

• $Vroom(VRM.US)$ +33.3% (also CEO Paul Hennessy steps down; Tom Shortt appointed as CEO)

• $Nuvve(NVVE.US)$ +10.2% (NVVE and CENN announce alliance to offer electrification solution for commercial fleets)

• $ShockWave Medical(SWAV.US)$ +14.6% (In reaction to earnings)

• $Clover Health(CLOV.US)$ +14.5% (also files for $300 mln mixed securities shelf offering)

• $Synchronoss Technologies(SNCR.US)$ +5.9% (signs multi-year agreement with Brightspeed)

• $AMC Entertainment(AMC.US)$ +5.6% (AMC stock bounces 5.03% as revenue beats expectations)

• $Verve Therapeutics(VERV.US)$ +4.9% (outlines its global development strategy for its lead gene editing candidate VERVE-101 and reported financial results for the first quarter ended March 31 2022)

• $Cenntro Electric(CENN.US)$ +4.7% (NVVE and CENN announce alliance to offer electrification solution for commercial fleets)

• $Sony(SONY.US)$ +3.7% (In reaction to earnings)

• $Otis Worldwide(OTIS.US)$ +3.7% (completes squeeze out provision to acquire remaining interest in Zardoya Otis)

• $Stitch Fix(SFIX.US)$ +2.6% (D. E. Shaw increases passive stake to 5%)

• $Carvana(CVNA.US)$ +2.6% (announces the $2.2 bln acquisition of ADESA's U.S. physical auction business from KAR Global (KAR))

• $Aris Water Solutions(ARIS.US)$ +2.3% (announces water mgmt agreement with Chevron USA)

• $Aramark(ARMK.US)$ +2.3% (plans to separate uniform services into publicly traded company)

• $Autoliv(ALV.US)$ +4.3% (upgraded to Buy from Neutral at UBS)

• $Clean Energy Fuels(CLNE.US)$ +3.8% (upgraded to Outperform from Mkt Perform at Raymond James)

• $Prestige Consumer Healthcare(PBH.US)$ +3.6% (upgraded to Buy from Hold at Jefferies)

• $Graphic Packaging(GPK.US)$ +2.5% (upgraded to Outperform from Neutral at Exane BNP Paribas)

• $Upstart(UPST.US)$ -53.6% (the artificial-intelligence lending company slashed its full-year revenue outlook, noting the possibilities of a recession)

• $GoodRx(GDRX.US)$ -40.7%(In reaction to earnings)

• $Peloton Interactive(PTON.US)$ -27.7% (reported a larger-than-expected quarterly loss and projected current-quarter revenue below estimates due to softening demand)

• $Novavax(NVAX.US)$ -24.4% (The miss comes as Novavax shipped just 31 million Covid-19 vaccine doses during the quarter, putting it well off the pace of its projected 2 billion shots for 2022)

• $Affirm Holdings(AFRM.US)$ -14% (in sympathy with weak earnings report from UPST)

• $Plug Power(PLUG.US)$ -7.9%(In reaction to earnings)

• $Ovintiv(OVV.US)$ -2.9% (increases dividend plans to double shareholder returns reports earnings)

• $Kura Sushi USA(KRUS.US)$ -2.1% (CFO to retire)

• $Summit Hotel Properties Inc(INN.US)$ -1.7% (files mixed securities shelf offering)

• $Viatris(VTRS.US)$ -1.9% (downgraded to Underweight from Neutral at Piper Sandler)

• $Methanex(MEOH.US)$ -1.4% (downgraded to Underweight from Neutral at Piper Sandler)

• $TELUS(TU.US)$ -0.9% (downgraded to Equal Weight from Overweight at Barclays)