Pre-Open Stock Movers

Novavax (NASDAQ: NVAX) 63.8% HIGHER; gains seen tied to the coronavirus in China

McDermott International, Inc. (NYSE: MDR) 14.7% LOWER; announced that it has the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the Company's funded debt, eliminating over $4.6 billion of debt.

Inovio Pharma (NASDAQ: INO) 11% HIGHER; gains seen tied to the coronavirus in China

BioCryst Pharma (NASDAQ: BCRX) 10% HIGHER; gains seen tied to the coronavirus in China

Accuray (NASDAQ: ARAY) 10% HIGHER; BTIG upgraded from Neutral to Buy with a price target of $9.50.

Arrowhead Research (NASDAQ: ARWR) 6.2% LOWER; SVB Leerink initiates coverage with an Underperform rating and a price target of $32.00.

Lumber Liquidators (NYSE: LL) 6% LOWER; Morgan Stanley downgraded from Overweight to Underweight with a price target of $5.00 (from $9.00).

Las Vegas Sands (NYSE: LVS) 5.7% LOWER; worries amid coronavirus in China

Wynn Resorts, Limited (NASDAQ: WYNN) 5% LOWER; worries amid coronavirus in China

Avaya Holdings (NYSE: AVYA) 4.9% HIGHER; Goldman Sachs upgraded from Neutral to Buy with a price target of $18.00 (from $16.00).

Evergy (NYSE: EVRG) 4.9% HIGHER; Elliott Management Discloses 11.3M Share Stake in Evergy (EVRG)

Tesla (NASDAQ: TSLA) 3.7% HIGHER; New Street Research raised the price target to a 'Street High' $800 (from $530) while maintaining a Buy rating.