Palo Alto Networks, Aerie Pharmaceuticals And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

• Aerie Pharmaceuticals, Inc. AERI shares rose 34.5% to $15.00 in pre-market trading. Alcon AG ALC agreed to acquire Aerie Pharmaceuticals for $15.25 per share, valuing Aerie at about $770 million.
• Alaunos Therapeutics, Inc. TCRT gained 9.2% to $1.78 in pre-market trading after dropping over 9% on Monday. Alaunos Therapeutics recently reported better-than-expected Q2 EPS results.
• Borr Drilling Limited BORR shares rose 8.5% to $3.95 in pre-market trading. Borr Drilling recently announced US offering 6.9 million common shares at public offering price of $3.60 per share.
• Palo Alto Networks, Inc.PANW rose 8.5% to $551.47 in pre-market trading as the company reported better-than-expected results for its fourth quarter and issued FY23 guidance above estimates. The company’s board also announced a three-for-one stock split.
• Bed Bath & Beyond Inc. BBBY gained 6.4% to $9.83 in pre-market trading after declining 16% on Monday.
• WeTrade Group, Inc. WETG gained 6.3% to $5.61 in pre-market trading. WeTrade Group recently said it is in an advanced discussion with Zhixun Biotechnology Limited to launch an in-depth cooperative sales promotion of Zhixun's disinfectant - Zhuchang, in China and international markets.
• Tenaris S.A. TS gained 5.4% to $27.18 in pre-market trading.
• Dada Nexus Limited DADA rose 5% to $6.85 in pre-market trading. Dada Nexus) reported second-quarter FY22 sales growth of 54.7% year-on-year, to RMB2.28 billion.

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