Pre-Open Stock Movers:
- Rezolute Inc. (NASDAQ:RZLT) 22.3% HIGHER; Positive Results from the Phase 2b RIZE Study of RZ358 in Congenital Hyperinsulinism
- Gan Ltd (NASDAQ:GAN) 18% LOWER; reported Q4 EPS of ($0.20), $0.10 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $30.5 million versus the consensus estimate of $35.26 million.
- Poshmark Inc (NASDAQ:POSH) 10.3% LOWER; reported Q4 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $84.2 million versus the consensus estimate of $80.59 million. Poshmark Inc. sees Q1 2022 revenue of $86-88 million, versus the consensus of $90.5 million.
- Hycroft Mining Holding Corporation (NASDAQ:HYMC) 9.9% HIGHER; gains on meme stock rally. AMC is a larger investor.
- Worthington Industries (NYSE:WOR) 7.4% LOWER; reported Q3 EPS of $1.13, $0.13 better than the analyst estimate of $1.00. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.29 billion.
- GameStop (NYSE:GME) 6.9% HIGHER; Chairman Ryan Cohen of RC Ventures acquired 100,000 shares of the company today, raising his stake from 9,001,000 to 9,101,000. His stake is now 11.9%. Shares gained 30% intra-day Tuesday.
- Tilray Brands, Inc. (NASDAQ:TLRY) 5.6% HIGHER; cannabis stocks gain on Cresco Labs (OTC:CRLBF)'s $2 billion deal for Columbia Care (OTC:CCHWF).
- HEXO Corp. (NASDAQ:HEXO) 5.2% HIGHER; cannabis stocks gain on Cresco Labs's $2 billion deal for Columbia Care.
- Paysign Inc (NASDAQ:PAYS) 4% LOWER; reported Q4 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $8.8 million versus the consensus estimate of $9 million.
- Adobe Systems (NASDAQ:ADBE) 4% LOWER; reported Q1 EPS of $3.37, $0.03 better than the analyst estimate of $3.34. Revenue for the quarter came in at $4.26 billion versus the consensus estimate of $4.24 billion. Adobe Systems sees Q2 2022 EPS of $3.30, versus the consensus of $3.35. Adobe Systems sees Q2 2022 revenue of $4.34 billion, versus the consensus of $4.41 billion.
- Archaea Energy Inc (NYSE:LFG) 3.8% LOWER; commended an underwritten public offering of 12,993,603 shares of the Company's Class A common stock by an existing stockholder of the Company, Aria Renewable Energy Systems LLC.
- argenx NV ADR (NASDAQ:ARGX) 3.8% LOWER; commenced a global offering of $500 million (approximately 453 million) of ordinary shares, which may be represented by American Depository Shares (ADSs)
- Canopy Growth (NASDAQ:CGC) 3.2% HIGHER; cannabis stocks gain on Cresco Labs's $2 billion deal for Columbia Care.
- AMC Entertainment (NYSE:AMC) 2.9% HIGHER; adds to Tuesday's intra-day gains of 15%.
- Healthequity Inc (NASDAQ:HQY) 2.7% HIGHER; reported Q4 EPS of $0.20, $0.02 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $203.3 million versus the consensus estimate of $200.1 million. HealthEquity sees FY2023 EPS of $1.21-$1.30, versus the consensus of $1.41. HealthEquity sees FY2022 revenue of $820-830 million, versus the consensus of $817.4 million.
- Nielsen Holdings PLC (NYSE:NLSN) 1.9% HIGHER; Elliott Management and Brookfield Asset Management (BAM) are weighing a sweetened bid, Bloomberg reported.