(CEI) (RKLB) (APP) Higher; (OSMT) (LW) (DNA) Lower (more…)

Pre-Open Stock Movers:

Osmotica Pharmaceuticals plc (Nasdaq: OSMT) 39% LOWER; commenced an underwritten public offering of its ordinary shares and warrants to purchase its ordinary shares.

Camber Energy (NYSE: CEI) 37% HIGHER; not considering certain reverse stock split at this time

Rocket Lab USA, Inc. (Nasdaq: RKLB) 11.4% HIGHER; has been selected to launch NASAs Advanced Composite Solar Sail System, or ACS3, on the Electron launch vehicle.

Lamb Weston (NYSE: LW) 10% LOWER; reported Q1 EPS of $0.20, $0.21 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $984 million versus the consensus estimate of $1.01 billion.

AppLovin Corporation (NASDAQ: APP) 9% HIGHER; entered into a definitive agreement to acquire Twitter, Inc.’s (NYSE: TWTR) MoPub business for approximately $1 billion.

Aspen Technology (NASDAQ: AZPN) 7.6% HIGHER; Emerson Electric (NYSE: EMR) said to discuss merging software assets with Aspen Technology (NASDAQ: AZPN) – Bloomberg

Meredith Corporation (NYSE: MDP) 6.9% HIGHER; IAC (NASDAQ: IAC) and Meredith Corporation (NYSE: MDP), a leading media company and owner of world-class brands such as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, InStyle and REAL SIMPLE, today announced their entry into an agreement pursuant to which IAC’s Dotdash digital publishing unit will acquire the entity that will hold Meredith Corporation’s National Media Group, which is comprised of its Digital and Magazine businesses, and its corporate operations (“Meredith”), in an all cash transaction at a purchase price of $42.18 per share.

U.S. Silica Holdings, Inc. (NYSE: SLCA) 6.1% HIGHER; announced that it is commencing a review of strategic alternatives for its Industrial & Specialty Products segment. A range of options are under consideration, including a potential sale or separation of the ISP segment.

IDT Corp. (NYSE: IDT) 4.6% HIGHER; reported Q4 EPS of $0.66, versus $0.47 reported last year. Revenue for the quarter came in at $390 million, versus $374 million reported last year.

IAC (NASDAQ: IAC) 4% HIGHER; IAC and Meredith Corporation (NYSE: MDP), a leading media company and owner of world-class brands such as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, InStyle and REAL SIMPLE, today announced their entry into an agreement pursuant to which IAC’s Dotdash digital publishing unit will acquire the entity that will hold Meredith Corporation’s National Media Group, which is comprised of its Digital and Magazine businesses, and its corporate operations (“Meredith”), in an all cash transaction at a purchase price of $42.18 per share.

Levi (NYSE: LEVI) 3.1% HIGHER; reported Q3 EPS of $0.48, $0.11 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.46 billion. Levi sees Q4 2021 EPS of $0.38-$0.40, versus the consensus of $0.39.

Ginkgo Bioworks Holdings, Inc. (NYSE: DNA) 3.2% LOWER; continues lower after short seller report

Global Blood Therapeutics (NASDAQ: GBT) 3.1% HIGHER; Jefferies initiates coverage with a Buy rating and a price target of $68.00.

Square (NYSE: SQ) 3% HIGHER; Jefferies assumed coverage and upgraded from Hold to Buy with a price target of $300.00 (from $265.00).

Healthcare Trust of America (NYSE: HTA) 2.7% HIGHER; Elliott built a position and is pushing for it to launch a strategic review that includes a potential sale, according to Bloomberg

Marvell Technology, Inc. (NASDAQ: MRVL) 2.4% HIGHER; Analysts upgrades, raises targets following bullish analyst day.

Citrix Systems, Inc. (NASDAQ: CTXS) 2.1% LOWER; announced that Bob Calderoni, Chair of the Citrix Board of Directors (“the Board”), has been named interim Chief Executive Officer and President, effective immediately. Mr. Calderoni succeeds David J. Henshall, who has stepped down as President and CEO and as a member of the Company’s Board.

Twitter, Inc.’s (NYSE: TWTR) 1.8% HIGHER; AppLovin entered into a definitive agreement to acquire Twitter, Inc.’s MoPub business for approximately $1 billion.