Today's pre-market stock movers: AMC, GRAB, ZM, CS and more

• $CatchMark Timber Trust Inc (CTT.US)$ +36.4% (CatchMark Timber Trust and PotlatchDeltic (PCH) to combine in an all-stock transaction)

• $Yamana Gold (AUY.US)$ +17.0% (Yamana Gold to be acquired by Gold Fields (GFI) for $6.7 bln)

• $AMC Entertainment (AMC.US)$ +12.7% (strong "Top Gun: Maverick" box office showing)

• $KE Holdings (BEKE.US)$ +8.3% (In reaction to earnings)

• $Eledon Pharmaceuticals (ELDN.US)$ +7.7% (topline results from phase 2a trial of tegoprubart demonstrating safety target engagement and biomarker response in patients living with amyotrophic lateral sclerosis)

• $Swvl Holdings (SWVL.US)$ +4.9% (announces portfolio optimization program to turn cash flow positive in 2023)

• $Nano Dimension (NNDM.US)$ +3.1% (In reaction to earnings)

• $Cenovus Energy (CVE.US)$ +3% (Cenovus Energy and its partners have agreed to restart the West White Rose Project offshore Newfoundland and Labrador)

• $JinkoSolar (JKS.US)$ +2.5% (signs a new agreement with Aldo Solar for the distribution of 600 MW N-type Tiger Neo modules)

• $BioXcel Therapeutics (BTAI.US)$ +1.2% (files for 278520 share common stock offering by selling shareholders)

• $GCM Grosvenor (GCMG.US)$ +1.2% (files for $350 mln mixed securities shelf offering)

• $Dish Network (DISH.US)$ +5.4% (upgraded to Buy from Hold at Truist)

• $Grab Holdings (GRAB.US)$ +2.9% (upgraded to Outperform from Mkt Perform at Bernstein)

• $Novo-Nordisk A/S (NVO.US)$ +2.3% (upgraded to Buy from Neutral at Guggenheim)

• $Zoom Communications (ZM.US)$ +1.7% (upgraded to Outperform from Underperform at Daiwa Securities)

• $Mercury Systems (MRCY.US)$ +1.1% (upgraded to Outperform from Neutral at Robert Baird)

Losers:

• $TG Therapeutics (TGTX.US)$ -13.9% (FDA has extended the Prescription Drug User Fee Act goal date to December 28, 2022)

• $Gold Fields (GFI.US)$ I -9.9% (Yamana Gold to be acquired by Gold Fields (GFI) for $6.7 bln)

• $Sanofi (SNY.US)$ -4.5% (reports FDA placed Cialis R.x-to-OTC switch on clinical hold)

• $Credit Suisse (CS.US)$ -4.1% (mulling options to increase capital, according to Reuters report)

• $Osisko Gold Royalties (OR.US)$ -3.2% (signs binding agreement with respect to the previously announced metals stream on the Trixie Mine)

• $Avid Technology (AVID.US)$ -2.5% (elects John P. Wallace as Board Chair)

• $Takeda Pharmaceutical (TAK.US)$ -1.2% (Moderns and Takeda (TAK) announce plans to transfer Marketing Authorization for Spikevax COVID-19 vaccine in Japan to Moderna).

• $Pubmatic (PUBM.US)$ -2.9% (downgraded to Hold from Buy at Jefferies)

• $NetScout Systems (NTCT.US)$ -2.7% (downgraded to Underweight from Neutral at Piper Sandler)

• $NorthWestern (NWE.US)$ -1% (downgraded to Underperform from Neutral at BofA Securities)