Today's pre-market stock movers: KR, REV, RACE, PHG and more

• $Akero Therapeutics(AKRO.US)$ +9.6% (announces two financing transactions with Pfizer (PFE) and Hercules Capital (HTGC) providing access to up to $125 million)

• $BrightSpire Capital(BRSP.US)$ +6.3% (increases dividend)

• $Humanigen(HGEN.US)$ +4% (entered into an agreement with PCI Pharma Services as part of preparations for commercialization in the United Kingdom)

• $Allison Transmission(ALSN.US)$ +2.8% (electric hybrid buses featuring its eGen Flex arrive at IndyGo)

• $Commercial Metals(CMC.US)$ +0.6% (In reaction to earnings/guidance)

• $Arcellx(ACLX.US)$ -10.6% (prices offering of 7.0m in shares of common stock at $16.00 per share)

• $Karyopharm Therapeutics(KPTI.US)$ -4.4% (BIIB terminates asset purchase agreement related to KPT-350)

• $The Kroger(KR.US)$ -4.21% (In reaction to earnings/guidance)

• $Revlon(REV.US)$ -4.4% (takes step towards reorganizing capital structure as the company continues to execute against its strategic plan; voluntarily files for chapter 11 reorganization)

• $Ferrari(RACE.US)$ -2.4% (provides strategic plan for 2022-2026 at it Capital Markets Day)

• $ITT Inc(ITT.US)$ -2.1% (provides long-term revs growth outlook of 5-7% at investor conference)

• $GrafTech(EAF.US)$ -1.6% (files mixed securities shelf offering)

• $DarioHealth(DRIO.US)$ -1.3% (added to Solera Health's Cardiometabolic Network)

• $Associated Banc(ASB.US)$ -1.2% (names new CFO)

• $SSR Mining(SSRM.US)$ -1.2% (announces normal course issuer bid)

• $TELUS(TU.US)$ -1.1% (acquires LifeWorks for CAD2.9bln)

• $The Lion Electric(LEV.US)$ -1% (files for $350m in mixed securities shelf offering)

• $Activision Blizzard(ATVI.US)$ -1% (discloses independent directors review of workplace issues)

• $Jabil(JBL.US)$ -0.6% (In reaction to earnings/guidance)

• $Royal Philips(PHG.US)$ -9.8% (downgraded to Sell from Neutral at UBS)

• $Sally Beauty Holdings(SBH.US)$ -7.1% (downgraded to Underweight from Equal Weight at Morgan Stanley)

• $Airsculpt Technologies(AIRS.US)$ -5% (downgraded to Equal Weight from Overweight at Morgan Stanley)

• $Watsco(WSO.US)$ -3.3% (downgraded to Underweight from Equal Weight at Morgan Stanley)

• $Sanderson Farms(SAFM.US)$ -1.3% (downgraded to Equal Weight from Overweight at Consumer Edge Research)

• $JM Smucker(SJM.US)$ -1.1% (downgraded to Underweight from Equal Weight at Consumer Edge Research)