Today's pre-market stock movers: AMC, GRAB, ZM, CS and more
Gainers:
• $CatchMark Timber Trust Inc(CTT.US$ +36.4% (CatchMark Timber Trust and PotlatchDeltic (PCH) to combine in an all-stock transaction)
• $Eledon Pharmaceuticals(ELDN.US$ +7.7% (topline results from phase 2a trial of tegoprubart demonstrating safety target engagement and biomarker response in patients living with amyotrophic lateral sclerosis)
• $Swvl Holdings(SWVL.US$ +4.9% (announces portfolio optimization program to turn cash flow positive in 2023)
• $Cenovus Energy(CVE.US$ +3% (Cenovus Energy and its partners have agreed to restart the West White Rose Project offshore Newfoundland and Labrador)
• $JinkoSolar(JKS.US$ +2.5% (signs a new agreement with Aldo Solar for the distribution of 600 MW N-type Tiger Neo modules)
• $BioXcel Therapeutics(BTAI.US$ +1.2% (files for 278520 share common stock offering by selling shareholders)
Analyst comments:
• $Zoom Video Communications(ZM.US$ +1.7% (upgraded to Outperform from Underperform at Daiwa Securities)
• $TG Therapeutics(TGTX.US$ -13.9% (FDA has extended the Prescription Drug User Fee Act goal date to December 28, 2022)
• $Osisko Gold Royalties(OR.US$ -3.2% (signs binding agreement with respect to the previously announced metals stream on the Trixie Mine)
• $Takeda Pharmaceutical(TAK.US$ -1.2% (Moderns and Takeda (TAK) announce plans to transfer Marketing Authorization for Spikevax COVID-19 vaccine in Japan to Moderna).
Analyst comments:
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