Today's pre-market stock movers: NIO, BA, TGT, VVV and more

Shares of $Boeing(BA.US)$ rose 5.2% after regulators approved the plane maker's plan for validating repairs to the 787 Dreamliner, and the company temporarily avoided a strike at three plants that make military gear.

$Alibaba(BABA.US)$ gained 1.7% as investor sentiment improved after the Chinese tech giant released a statement in response to the possibility of being delisted by the Securities and Exchange Commission. The company said that it will "strive to maintain its listing status on both the NYSE and the Hong Kong Stock Exchange."

Chinese electric-vehicle makers reported deliveries for July on Monday that, when combined, were down from June's record. The stocks, however, were trading higher. $NIO Inc(NIO.US)$ stock was 3.5% higher, $XPeng(XPEV.US)$ gained 2.9% and $Li Auto(LI.US)$ was up 3.5%.

$Global Payments(GPN.US)$ climbed 3% after the payment technology company announced plans to acquire $Evotec(EVO.US)$ for $34 a share in cash. EVO soared 19%. Global Payments also reported adjusted earnings for its second quarter that beat Wall Street estimates.

$Valvoline(VVV.US)$ stock was 2.4% higher Monday after the company announced that it had reached a definitive agreement to sell its global products business to Aramco for $2.65 billion in cash.

Retailer $Target(TGT.US)$ was 2% higher after an analyst at Wells Fargo upgraded the rating of the stock to Overweight from Equal Weight.

Oil stocks were lower on Monday on news that the Democrats' climate change measure could cost oil companies, by some estimates, as much as $25 billion. $Exxon Mobil(XOM.US)$ was down 0.8%, $Chevron(CVX.US)$ lost 0.4% and $Shell PLC(SHEL.US)$ was 0.2% lower.

Clothing retailer $American Eagle(AEO.US)$ was down 1.3% after an analyst at Cowen downgraded the stock to Perform from Outperform.