Today's Pre-Open Stock Movers:

Lakeland Industries (NASDAQ: LAKE) 48% HIGHER; reported Q1 EPS of $1.08, versus ($0.06) reported last year. Revenue for the quarter came in at $45.6 million, versus $24.7 million reported last year.

Taubman Centers, Inc. (NYSE: TCO) 35% LOWER; Simon Property Group, Inc. (NYSE: SPG) today announced that it has exercised its contractual rights to terminate its February 9, 2020 merger agreement (the "Merger Agreement") with Taubman Centers, Inc. (NYSE: TCO). Simon also filed an action today in the Circuit Court for the 6th Judicial Circuit of Oakland County, Michigan against Taubman Centers, Inc. and The Taubman Realty Group Limited Partnership (collectively, "Taubman") requesting a declaration that Taubman has suffered a Material Adverse Event ("MAE") under the Merger Agreement and has breached the covenants in the Merger Agreement governing the operation of Taubman's business.

TrueCar (NASDAQ: TRUE) 21% HIGHER; B.Riley/FBR upgraded from Neutral to Buy with a price target of $5.00 (from $3.00).

Hertz Global (NYSE: HTZ) 18% LOWER; On May 26, 2020, the company received a letter from the staff of NYSE Regulation, Inc. that it had determined to commence proceedings to delist the common stock of the Company from the New York Stock Exchange (“NYSE”). NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.01D after the Company’s disclosure on May 22, 2020 that it has commenced voluntary petitions for reorganization under chapter 11 of the Bankruptcy Code. The Company appealed the determination in a timely manner and requested a hearing before the NYSE. At this time, the common stock of the Company will continue to be listed and trade on the NYSE pending resolution of such appeal. There can be no assurance that the NYSE will grant the Company’s request for continued listing at the hearing and whether there will be equity value in the Company’s common stock.

Senseonics Holdings (NYSE: SENS) 13% LOWER; reported Q1 EPS of ($0.21), $0.08 worse than the analyst estimate of ($0.13).

Guess? (NYSE: GES) 12% LOWER; reported Q1 EPS of ($1.81), $0.93 worse than the analyst estimate of ($0.88). Revenue for the quarter came in at $260 million versus the consensus estimate of $312.09 million.

enali Therapeutics Inc. (NASDAQ: DNLI) 10.7% LOWER; announced the results from its Phase 1b studies with small molecule RIPK1 inhibitor DNL747 in Alzheimers disease and ALS, and provided a broad RIPK1 program update including DNL788 and DNL758. Together with our partner Sanofi (NYSE: SNY), we have decided to pause clinical studies with DNL747 and focus our efforts on accelerating development of DNL788, which we believe has superior drug properties and a more rapid path toward proof-of-concept clinical studies in patients in multiple neurological indications," said Ryan Watts, Ph.D., CEO. Wed like to thank all patients who took part in these studies. Your participation is critical in the ultimate success of developing medicines for these terrible diseases.

Five Below (NASDAQ: FIVE) 10% HIGHER; reported Q1 EPS of ($0.91), $0.58 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $200.9 million versus the consensus estimate of $230.35 million. Comparable sales decreased by 51.8%.

Alpha Pro Tech, Ltd. (NYSE: APT) 9.7% HIGHER; gains on LAKE results

Cardiovascular Systems, Inc. (Nasdaq: CSII) 8.8% LOWER; announced that it has commenced an underwritten public offering of $125 million of shares of common stock.

Limoneira (NASDAQ: LMNR) 8.6% LOWER; reported Q2 EPS of ($0.29), $0.30 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $39.6 million versus the consensus estimate of $38.9 million. Because of uncertainty around the duration, scope and ultimate financial impact of the COVID-19 pandemic, Limoneira management is withdrawing its fiscal year 2020 outlook previously provided on March 11, 2020.

Verint Systems (NASDAQ: VRNT) 8.2% LOWER; reported Q1 EPS of $0.52, $0.16 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $287.3 million versus the consensus estimate of $323.29 million.

Scorpio Bulkers Inc. (NYSE: SALT) 7.9% LOWER; announced today that it intends to offer, issue and sell to the public $60.0 million of shares of its common stock, par value $0.01 per share, through an underwritten public offering.

Iteris (NASDAQ: ITI) 4.6% HIGHER; reported Q4 EPS of $0.04, $0.05 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $30.9 million versus the consensus estimate of $31.06 million.

Tellurian (NASDAQ: TELL) 3.8% HIGHER; Roth Capital initiates coverage on with a Buy rating and a price target of $5.25.

AMC Entertainment (NYSE: AMC) 2.7% LOWER; reported Q1 EPS of ($2.22), $0.70 worse than the analyst estimate of ($1.52). Revenue for the quarter came in at $941.5 million versus the consensus estimate of $951.43 million.

National Instruments (Nasdaq: NATI) 2.7% HIGHER; currently expects revenue, and organic revenue (which we define as GAAP revenue excluding the impact of acquisitions and divestitures completed within the past twelve months), for Q2 2020 to be in the range of $295 million to $315 million, which, at the midpoint, represents a year-over-year revenue decline of 9 percent and a year-over-year organic revenue decline of 7 percent. NI currently expects GAAP fully diluted EPS for Q2 2020 to be in the range of $0.04 to $0.12, with non-GAAP fully diluted EPS expected to be in the range of $0.22 to $0.30. A reconciliation of the company’s expected Q2 2020 diluted EPS on a GAAP basis to its expected diluted EPS on a non-GAAP basis is included as part of this news release. (*Consensus sees Q2 EPS of $0.09 on revenue of $303.2 million)

Chewy (NYSE: CHWY) 2.4% LOWER; reported Q1 EPS of ($0.12), $0.04 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.53 billion. Chewy sees Q2 2020 revenue of $1.62-1.64 billion, versus the consensus of $1.55 billion. Chewy sees FY2020 revenue of $6.55-6.65 billion, versus the consensus of $6.41 billion.

Vicor Corporation (NASDAQ: VICR) 2.2% LOWER; commenced a proposed underwritten registered public offering of its common stock.

GameStop (NYSE: GME) 2.2% LOWER; reported Q1 EPS of ($1.61), $0.34 worse than the analyst estimate of ($1.27). Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.07 billion.

Brigham Minerals, Inc. (NYSE: MNRL) 1.4% LOWER; announced the commencement of an underwritten public offering of 6,000,000 shares of its Class A common stock by certain of its stockholders which are affiliates of Warburg Pincus LLC, Yorktown Partners LLC and Pine Brook Road Advisors, L.P. Certain of the selling stockholders intend to grant the underwriter a 30-day option to purchase up to an additional 900,000 shares of Brigham Minerals’ common stock.