Today's pre-market stock movers: TGT, LOW, SONY, ROOT and more

• $National CineMedia(NCMI.US)$ +17.9% (AMC discloses 6.8% stake in NCMI)

• $MagnaChip Semiconductor(MX.US)$ +14.8% (report that private equity firms including Carlyle Group (CG) will bid for the company)

• $DLocal(DLO.US)$ +13.7% (In reaction to earnings)

• $SiriusPoint(SPNT.US)$ +8.2% (Chairman and CEO resigns to pursue other opportunities)

• $Beyond Air(XAIR.US)$ +6.4% (presents positive study update from the at-home LungFit GO Pilot Study)

• $Cushman & Wakefield(CWK.US)$ +5% (acquires Cresa Partners of Los Angeles)

• $Envista Holdings(NVST.US)$ +4.6% (to acquire Osteogenics Biomedical)

• $Insmed(INSM.US)$ +2.3% (Presents New Data Across Three Pillars at American Thoracic Society 2022 International Conference)

• $Interface(TILE.US)$ +1.8% (authorizes new $100 mln share repurchase program)

• $VAALCO Energy(EGY.US)$ +1.5% (receives new five year $50 mln reserve based lending facility providing additional financial flexibility)

• $Sony(SONY.US)$ +1.3% (provides updates at Corporate Strategy Meeting)

• $Casa Systems(CASA.US)$ +1.2% (stock offering)

• $Extreme Networks(EXTR.US)$ +1.1% (announces $200 mln share repurchase authorization over three-year period)

• $Endeavor Group(EDR.US)$ +3.3% (upgraded to Buy from Neutral at Goldman)

• $Penn Entertainment(PENN.US)$ +2.8% (upgraded to Buy from Hold at Jefferies)

• $Great Ajax Corp(AJX.US)$ +1.8% (upgraded to Buy from Neutral at Compass Point)

• $World Fuel Services(INT.US)$ +1.6% (upgraded to Buy from Hold at Stifel)

• $Monster Beverage(MNST.US)$ +1.2% (upgraded to Outperform from Mkt Perform at Bernstein)

• $Cardinal Health(CAH.US)$ +0.9% (upgraded to Outperform from In-line at Evercore ISI)

• $Target(TGT.US)$ -22.8% (the retailer reported an adjusted quarterly profit of $2.19 per share, below the $3.07 consensus estimate)

• $NextGen Healthcare(NXGN.US)$ -14.3% (In reaction to earnings)

• $Doximity(DOCS.US)$ -12.9% (also authorizes up to $70 mln for share buybacks)

• $Triumph(TGI.US)$ -11.4% (In reaction to earnings)

• $European Wax Center(EWCZ.US)$ -7.1% (stock offering)

• $RPC Inc(RES.US)$ -6.1% (CEO to transition to Exec Chairman role)

• $Ares Commercial Real Estate Corp(ACRE.US)$ -5.6% (prices offering of 7 mln shares of common stock for gross proceeds of $104.7 mln)

• $Leafly(LFLY.US)$ -5% (launches online cannabis delivery orders)

• $American Well(AMWL.US)$ -3.2% (to shorten earnout period with acquisition of SilverCloud Health)

• $Lowe's Companies(LOW.US)$ -2.6% (the home improvement retailer’s quarterly comparable-store sales fell more than expected and revenue come in slightly below Street forecasts)

• $Standard BioTools(LAB.US)$ -2.4% (stock offering)

• $Root Inc(ROOT.US)$ -2.3% (launches Root Insurance in Alabama and Florida)

• $Haverty Furniture(HVT.US)$ -1.6% (increases dividend)

• $Digital Turbine(APPS.US)$ -1.5% (to restate results for JunQ, SepQ and DecQ)

• $Century Aluminum(CENX.US)$ -4.3% (downgraded to Peer Perform from Outperform at Wolfe Research)

• $Ginkgo Bioworks(DNA.US)$ -3.6% (downgraded to Underperform from Neutral at BofA Securities)

• $Carrier Global(CARR.US)$ -3.1% (downgraded to Neutral from Buy at BofA Securities)

• $Industrial Logistics Properties Trust(ILPT.US)$ -1.8% (downgraded to Mkt Perform from Mkt Outperform at JMP Securities)

• $Hanmi Financial(HAFC.US)$ -1.5% (downgraded to Neutral from Buy at DA Davidson)

• $Hope Bancorp(HOPE.US)$ -1.1% (downgraded to Neutral from Buy at DA Davidson)