Today's Pre-Open Movers

Fluent, Inc. (NASDAQ: FLNT) 57.3% HIGHER; expects to exceed its previously provided guidance for full-year 2019. The Company's updated outlook and previously provided guidance are reflected below: Full-year 2019 revenue is now anticipated to be $280.8 - $281.8 million, representing growth of 12% compared to full-year 2018 and an increase from previous guidance of $265 - $267 million. This reflects anticipated fourth quarter revenue of $79.1 - $80.1 million. Media Margin is now anticipated to be in the range of $93.0 - $94.0 million, representing an increase from previous guidance of $87 - $88 million. This reflects anticipated fourth quarter Media Margin of $25.7 - $26.7 million. (*Consensus sees FY revenue of $266 million).

Clovis Oncology, Inc. (NASDAQ: CLVS) 20.8% HIGHER; announced today that the U.S. Food and Drug Administration (FDA) has accepted the companys supplemental New Drug Application (sNDA) for Rubraca® (rucaparib) and granted priority review status to the application with a Prescription Drug User Fee Act (PDUFA) date of May 15, 2020. Clovis submitted the sNDA submission for rucaparib as a monotherapy treatment of adult patients with BRCA1/2-mutant recurrent, metastatic castrate-resistant prostate cancer in November 2019.

Momenta Pharmaceuticals (NASDAQ: MNTA) 14.5% HIGHER; JPMorgan upgraded from Neutral to Overweight with a price target of $30.00 (from $14.00). PT raised to $50 at SunTrust.

Nektar Therapeutics (NASDAQ: NKTR) 11.4% LOWER; Oxycodegol Fails to Win Backing From FDA Panel

Sorrento Therapeutics, Inc. (NASDAQ: SRNE) 8.8% HIGHER; sees after-hours gains

Community Health Systems (NYSE: CYH) 8.8% HIGHER; sees Adjusted EBITDA for full-year 2019 toward middle portion of guidance

Allied Esports Entertainment (NASDAQ: AESE) 8.4% HIGHER; announced that Brookfield Property Partners (NASDAQ: BPY), one of the worlds premier real estate companies, will become a shareholder of the company through a $5 million equity investment.

Target (NYSE: TGT) 6.9% LOWER; Comparable sales grew 1.4 percent in the November/December period, on top of 5.7 percent comp growth last year. While sales were below expectations, the Company is maintaining its previous guidance for fourth quarter earnings per share. (*** consensus was 3.8%).

First Solar (NASDAQ: FSLR) 6% HIGHER; Barclays downgraded from Overweight to Underweight with a price target of $49.00 (from $66.00).

Beyond Meat Inc. (NASDAQ: BYND) 5.7% LOWER; Bernstein downgraded from Outperform to Market Perform with a price target of $106.00.

PG&E Corporation (NYSE: PCG) 5.1% HIGHER; Citi upgraded from Neutral to Buy with a price target of $15.00 (from $11.00).

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) 3.8% LOWER; reported financial results for its fourth quarter and fiscal year ended October 31, 2019. Revenue increased 25% to $84.0 million as compared to the fourth quarter of fiscal year 2018; Gross margin increased 340 basis points to 46.3% as compared to the fourth quarter of fiscal year 2018; Net income attributable to common shareholders was $0.1 million or $0.00 per diluted share.

Beyond Meat (NASDAQ: BYND)

C.H. Robinson Worldwide (NASDAQ: CHRW) 2.8% HIGHER; upgraded at Barclays and Susquehanna

Glu Mobile (NASDAQ: GLUU) 2.6% HIGHER; KeyBanc initiates coverage on with an Overweight rating and a price target of $8.00.

Shake Shack (NYSE: SHAK) 2.5% HIGHER; positive analyst comments post-ICR