25 Stocks Moving in Tuesday's Pre-Market Session

Gainers

• Callon Petroleum Company CPE rose 87.3% to $0.7773 in pre-market trading after declining more than 68% on Monday.
• Ovintiv Inc OVV rose 59.4% to $3.54 in pre-market trading after dropping 72% on Monday. Ovintiv said it is reducing near-term capital spending to ensure company maintains free cash neutrality in current market conditions.
• Oasis Petroleum Inc. OAS rose 57.8% to $0.52 in pre-market trading after dropping around 62% on Monday. The US late Monday said it may take certain steps to improve the US economy amid the virus outbreak, which has potentially helped lift markets as well.
• SM Energy Company SM rose 56.6% to $2.13 in pre-market trading after dipping over 61% on Monday.
• Cypress Semiconductor Corporation CY rose 47.4% to $22.52 in pre-market trading after the CFIUS determined there are no unresolved national security concerns for company's merger with Infineon Technologies. CFRA upgraded Cypress Semiconductor from Hold to Buy.
• Novan, Inc. NOVN rose 49% to $0.76 in pre-market trading after surging over 35% on Monday. Novan is currently planning trials for nitric oxide inhalation therapy for coronavirus.
• Occidental Petroleum Corporation OXY shares rose 28.2% to $16.25 in pre-market trading as oil prices rebound following Monday's selloff. The US late Monday said it may take certain steps to improve the US economy amid the virus outbreak, which has potentially helped lift markets as well.
• Seadrill Limited SDRL rose 28.1% to $0.7121 in pre-market trading after falling over 32% on Monday.
• Western Midstream Partners, LP WES rose 26% to $6.30 in pre-market trading after falling around 55% on Monday.
• Apache Corporation APA rose 20.4% to $11.50 in pre-market trading after dropping about 54% on Monday.
• Freeport-McMoRan Inc. FCX rose 21.5% to $10.00 in pre-market trading after falling around 13% on Monday.
• Novavax, Inc. NVAX shares rose 16.8% to $11.70 in pre-market trading after tumbling around 20% on Monday.
• Organogenesis Holdings Inc ORGO rose 14.6% to $3.54 in pre-market trading after the company reported better-than-expected Q4 results. The company issued FY20 sales guidance above estimates.
• BioCryst Pharmaceuticals, Inc. BCRX rose 14.3% to $3.60 in pre-market trading after dropping over 23% on Monday.
• FuelCell Energy Inc FCEL rose 11.8% to $1.70 in pre-market trading after tumbling around 19% on Monday.
• Tesla Inc TSLA rose 10.7% to $673.00 in pre-market trading following reports suggesting the company plans to increase production capacity for certain parts at its Shanghai factory. Movement may also be market related, as equities rebound from Monday's selloff.
• ArcelorMittal SA MT rose 10% to $11.47 in pre-market trading after dipping around 20% on Monday.
• Inseego Corp INSG rose 9.6% to $5.60 in pre-market trading as markets look to rebound from Monday's selloff. The technology sector has been highly impacted by the coronavirus due to its China exposure and sensitivity to economic conditions.
• Rio Tinto plc ADR RIO rose 9.3% to $45.70 in pre-market trading after declining over 9% on Monday.
• Albemarle Corporation ALB rose 9% to $79.48 in pre-market trading after declining around 12% on Monday.
• BHP Group Ltd BHP rose 8.8% to $37.94 in pre-market trading after dropping over 16% on Monday.
• Alteryx IncAYX rose 7% to $118.25 in pre-market trading after declining around 18% on Monday.

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Check out these big penny stock gainers and losers

Losers

• Stitch Fix, Inc. SFIX shares fell 32.5% to $14.30 in pre-market trading. Stitch Fix reported upbeat earnings for its second quarter, while sales missed views. The company lowered its guidance for the full year.
• TRACON Pharmaceuticals, Inc.TCON fell 20.5% to $1.75 in pre-market trading after dipping around 11% on Monday.
• Spherix Incorporated SPEX fell 14% to $2.77 in pre-market trading after surging over 96% on Monday.