Today's pre-market stock movers: K, SAVE, VALN, CHWY and more

• $Convey Health Solutions(CNVY.US)$ +138% (To Be Taken Private By TPG for $10.50 per share in cash)

• $Valneva(VALN.US)$ +83.8% (Valneva SE and $Pfizer(PFE.US)$ enter into an equity subscription agreement and update terms of collaboration agreement for VLA15)

• $Spirit Airlines(SAVE.US)$ +8.8% (JetBlue (JBLU) submits proposal with increased offer of $33.50 per share in cash)

• $Kellanova(K.US)$ +8.4% (plans to separate into three independent companies)

• $Autoliv(ALV.US)$ +8.1% (reaffirms outlook)

• $Burning Rock Biotech(BNR.US)$ +7.6% (announces $10 million share repurchase program)

• $Paya Holdings(PAYA.US)$ +7.1% (considering sale according to Bloomberg)

• $EJF Acquisition(EJFA.US)$ +6.6% (shareholders approve proposed business combination with Pagaya Technologies; will trade on the Nasdaq under symbol "PGY")

• $New Residential Investment(NRZ.US)$ +5.3% (to change its name and rebrand as Rithm Capital (RITM); now operates as an internally managed REIT)

• $Southwestern Energy(SWN.US)$ +5.2% (announces $1 billion share repurchase program)

• $Abiomed(ABMD.US)$ +5% (entered into a new 10b5-l plan to continue repurchases of the Company's common stock under the Program)

• $Tremor International(TRMR.US)$ +4.7% (confirms that it is currently in discussions with Amobee alongside a number of ongoing strategic discussions with other third parties)

• $Iris Energy(IREN.US)$ +4.3% (re-iterated expected total online operating capacity of 3.7 EH/s by the end of Q3 2022)

• $Exact Sciences(EXAS.US)$ +4.2% (entered a long-term supply agreement for Ultima's next-generation sequencing technologies)

• $Lennar Corp(LEN.US)$ +3.9% (In reaction to earnings/guidance)

• $Ocugen(OCGN.US)$ +3.7% (Publication of Positive Results of COVID-19 Vaccine Trial for Children 2-18 in The Lancet Infectious Diseases)

• $Diamondback Energy(FANG.US)$ +3.1% (announces further enhancement to its capital return program and intention to increase base dividend)

• $Scorpio Tankers(STNG.US)$ +3.1% (President of the Company and Scorpio Holdings Limited a related party have purchased common shares of the Company in the open marke)

• $AstraZeneca(AZN.US)$ +2% (Eplontersen met co-primary and secondary endpoints in interim analysis of the NEURO-TTRansform Phase III trial for hereditary transthyretin-mediated amyloid polyneuropathy (ATTRv-PN))

• $Twitter (Delisted)(TWTR.US)$ +1.7% (discloses that it recommends that shareholders vote for the adoption of the merger agreement)

• $JetBlue Airways(JBLU.US)$ +1.4% (JetBlue (JBLU) submits proposal with increased offer of $33.50 per share in cash)

• $Frontier Group(ULCC.US)$ +1.4% (JetBlue (JBLU) submits proposal with increased offer of $33.50 per share in cash)

• $Cronos Group(CRON.US)$ +1.4% (Cronos Group and Ginkgo Bioworks (DNA) achieve THCV Equity Milestone; Cronos has issued to Ginkgo approximately 2.2 million common shares)

• $Mondelez International(MDLZ.US)$ +1.2% (acquires Clif Bar & Company for $2.9 bln)

• $Chewy(CHWY.US)$ +5.1% (upgraded to Outperform from Neutral at Wedbush)

• $Suncor Energy(SU.US)$ +4.9% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)

• $Pearson(PSO.US)$ +4.8% (upgraded to Buy from Hold at Deutsche Bank)

• $CubeSmart(CUBE.US)$ +3.7% (upgraded to Buy from Neutral at BofA Securities)

• $Charles Schwab(SCHW.US)$ +3.2% (upgraded to Buy from Neutral at UBS)

• $FMC Corp(FMC.US)$ +3.1% (upgraded to Buy from Underperform at BofA Securities)

• $Exxon Mobil(XOM.US)$ +2.6% (upgraded to Outperform from Neutral at Credit Suisse)

• $Church & Dwight(CHD.US)$ +2.4% (upgraded to Overweight from Equal Weight at Wells Fargo)

• $American Tower Corp(AMT.US)$ +2.2% (upgraded to Overweight from Underweight at JP Morgan)

• $Centene(CNC.US)$ +1.6% (upgraded to Outperform from Neutral at Credit Suisse)

• $ACADIA Pharmaceuticals(ACAD.US)$ -32.1% (provides update from FDA Advisory Committee for NUPLAZID; concluded pimavanserin is ineffective for the treatment of hallucinations and delusions in the ADP population)

• $Rada Electronic(RADA.US)$ -3% (RADA Electronic Industries & Leonardo DRS agree to all-stock merger combining top defense technology companies into leader in advanced sensing and force protection)

• $Himax Technologies(HIMX.US)$ -2.1% (guidance)

• $F45 Training(FXLV.US)$ -1.1% (files for 18857319 share common stock offering by selling shareholders)

• $Hyliion(HYLN.US)$ -3% (downgraded to Underweight from Neutral at JP Morgan)

• $SunPower(SPWR.US)$ -2.7% (downgraded to Sell from Neutral at Goldman)

• $International Paper(IP.US)$ -2.1% (downgraded to Neutral from Buy at Citigroup)

• $Pennant Group(PNTG.US)$ -1.3% (downgraded to Equal-Weight from Overweight at Stephens)

• $Sunnova Energy International(NOVA.US)$ -0.8% (downgraded to Neutral from Buy at Goldman)

• $Adobe(ADBE.US)$ -0.6% (downgraded to Equal-Weight from Overweight at Morgan Stanley)