Today's pre-market stock movers: M, TWTR, NVDA, BABA and more

• $Macy's(M.US)$ +13.2% (Macy's posts strong sales growth and raises earnings outlook)

• $Dollar Tree(DLTR.US)$ +12.7% (In reaction to earnings)

• $Dollar General(DG.US)$ +11.1% (Dollar Gen beat estimated earnings by 3.88%, reporting an EPS of $2.41 versus an estimate of $2.32.)

• $Williams-Sonoma(WSM.US)$ +8.4% (In reaction to earnings)

• $Akoustis Technologies(AKTS.US)$ +6.1% (suspended sales under its previously-announced "at the market" equity offering program in light of current market conditions)

• $Reata Pharmaceuticals(RETA.US)$ +6% (announces FDA filing acceptance and Priority Review Designation for the NDA for omaveloxolone for the treatment of patients with Friedreich's ataxia; PDUFA date November 30 2022)

• $Baidu(BIDU.US)$ +5.6% (Baidu posts rise in revenue boosted by AI, cloud demand)

• $Twitter (Delisted)(TWTR.US)$ +5.6% (Elon Musk increases commitment in takeover bid to $33.5 bln; also reaches settlement with DOJ and FTC to pay $150 mln in civil penalties for alleged data privacy violations)

• $Alibaba(BABA.US)$ +4.2% (beats expectations for earnings)

• $Restoration Hardware(RH.US)$ +4.2% (in sympathy with WSM earnings)

• $Wayfair(W.US)$ +3.4% (in sympathy with WSM earnings)

• $Legend Biotech(LEGN.US)$ +3.4% (receives conditional approval for CARVYKTI by the EC)

• $Bed Bath & Beyond Inc(BBBY.US)$ +2.8% (in sympathy with WSM earnings)

• $Tesla(TSLA.US)$ +1.7% (Elon Musk increases commitment in takeover bid of TWTR to $33.5 bln)

• $Alignment Healthcare(ALHC.US)$ +3.8% (upgraded to Buy from Neutral at BofA Securities)

• $The Cigna Group(CI.US)$ +1.7% (upgraded to Neutral from Underperform at BofA Securities)

• $Nutanix(NTNX.US)$ -37.4% (In reaction to earnings)

• $Snowflake(SNOW.US)$ -12.4% (In reaction to earnings)

• $Avadel Pharmaceuticals(AVDL.US)$ -15.7% (received a proposed final label and medication guide for FT218 from the FDA)

• $Vinco Ventures(BBIG.US)$ -10.6% (delays distribution date for Cryptyde spin-off)

• $Datadog(DDOG.US)$ -4.8% (in sympathy with SNOW earnings)

• $NVIDIA(NVDA.US)$ -4.7% (also increases and extends share repurchase program to $15 bln)

• $Mirum Pharmaceuticals(MIRM.US)$ -4.7% (stock offering)

• $HireQuest(HQI.US)$ -3.8% (files for $100 mln mixed securities shelf offering)

• $Agree Realty Corp(ADC.US)$ -3.7% (prices offering of 5.0 mln shares of common stock at $68.65 per share)

• $Nurix Therapeutics(NRIX.US)$ -2.1% (announces positive dose finding data in chronic lymphocytic leukemia and advances NX-2127 to next phase of clinical development)

• $Advanced Micro Devices(AMD.US)$ -1.2% (in sympathy with NVDA earnings)

• $Broadcom(AVGO.US)$ -1% (acquires VMW; also reported earnings)

• $ASGN Inc(ASGN.US)$ -4.2% (downgraded to Market Perform from Outperform at BMO Capital Markets)

• $ProPetro Holding(PUMP.US)$ -2.3% (downgraded to Underweight from Overweight at JP Morgan)

• $TrueBlue(TBI.US)$ -1.7% (downgraded to Market Perform from Outperform at BMO Capital Markets)