Today's Pre-Open Stock Movers:

Hertz Global Holdings, Inc. (NYSE: HTZ) +58%; announced over the weekend it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Phunware (NASDAQ: PHUN) +38%; announced today its strategic relationship with American Made Media Consultants on the development, launch and ongoing management and evolution of the Trump-Pence 2020 Reelection Campaign’s mobile application portfolio on Apple iOS and Google Android smartphones.

Mersana Therapeutics, Inc. (NASDAQ: MRSN) +33%; today reported interim safety, tolerability and efficacy data from the ongoing expansion portion of the Phase 1 study evaluating XMT-1536, its first-in-class ADC candidate targeting NaPi2b, in patients with ovarian cancer and non-small cell lung (NSCLC) adenocarcinoma.

StoneCo Ltd. (Nasdaq: STNE) +23%; reports its financial results for its first quarter ended March 31, 2020.

Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX) +21%; announces a new publication in Drugs - Real World Outcomes1, detailing the positive clinical outcomes with Vibativ® in treating patients with bacteremia or endocarditis. Vibativ® (telavancin) is a potent, FDA-approved anti-infective for the treatment of serious bacterial infections, including hospital-acquired and ventilator-associated bacterial pneumonia. It is also approved for complicated skin and skin structure infections. It addresses a range of Gram-positive bacterial pathogens, including those that are considered difficult-to-treat and multidrug-resistant.

Heat Biologics, Inc. ("Heat") (NASDAQ: HTBX) +19%; announced that it is collaborating with Waisman Biomanufacturing to establish a partnership for the manufacture of Heat's COVID-19 vaccine.

Spirit Airlines (NYSE: SAVE) +16%, JetBlue Airways (NASDAQ: JBLU) +13.4%, Delta Air Lines (NYSE: DAL) +8.1%, United Airlines (NASDAQ: UAL) +9.5%, American Airlines (NASDAQ: AAL) +10.8%, Southwest Airlines (NYSE: LUV) +6.7% as airlines gain.

Norwegian Cruise Line (NYSE: NCLH) +12.8%, Carnival Corp. (NYSE: CCL) +13%, Royal Caribbean Cruises (NYSE: RCL) +10% as cruise stocks gain.

Macy's (NYSE: M) +11%.

Arcus Biosciences, Inc. (NYSE: RCUS) -15%; Gilead Sciences, Inc. and Arcus Biosciences announced today that the companies have entered into a 10-year partnership to co-develop and co-commercialize current and future therapeutic product candidates in Arcus’s pipeline.

Keysight Technologies (NYSE: KEYS) -7%; reported Q2 EPS of $0.78, versus $1.22 reported last year. Revenue for the quarter came in at $895 billion, versus $1.09 billion reported last year.