Pre-Open Stock Movers:

Vertex Energy, Inc. (NASDAQ: VTNR) 160% HIGHER; announced that it has entered into a definitive agreement to acquire the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP ("Shell"), subsidiaries of Royal Dutch Shell plc, for $75 million. The transaction is expected to close during the fourth quarter 2021, subject to regulatory clearance and various closing conditions.

Tellurian Inc. (NASDAQ: TELL) 27% HIGHER; TELL and Gunvor Singapore Pte Ltd announced today a liquefied natural gas (LNG) sales and purchase agreement (SPA) for three million tonnes per annum (mtpa) for a ten year period, indexed to a combination of two indices; the Japan Korea Marker (JKM) and the Dutch Title Transfer Facility (TTF), netted back for transportation charges. The LNG would be delivered free on board (FOB) from Tellurian’s Driftwood LNG, a 27.6 mtpa liquefaction facility proposed near Lake Charles, Louisiana in the United States Gulf Coast.

Organogenesis Holding (NASDAQ: ORGO) 12.8% HIGHER; to Join S&P SmallCap 600

La Jolla Pharmaceutical (NASDAQ: LJPC) 6.9% HIGHER; Director, Michael Hearne, bought 398,714 shares from 05/24-05/26 at prices from $3.68-$4.26.

Vir Biotechnology, Inc. (Nasdaq: VIR) 5.6% HIGHER; GlaxoSmithKline plc (NYSE: GSK) and Vir Biotechnology, Inc. (Nasdaq: VIR) today announced the U.S. Food and Drug Administration (FDA) granted an Emergency Use Authorization (EUA) for sotrovimab (previously VIR-7831), an investigational single-dose monoclonal antibody, for the treatment of mild-to-moderate COVID-19 in adults and pediatric patients (12 years of age and older weighing at least 40 kg) with positive results of direct SARS-CoV-2 viral testing, and who are at high risk for progression to severe COVID-19, including hospitalization or death.

AMC (NYSE: AMC) 4% LOWER; gives backs some recent Reddit-driven gains.

Okta, Inc. (NASDAQ: OKTA) 3.9% LOWER; reported Q1 EPS of ($0.10), $0.10 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $251 million versus the consensus estimate of $238.3 million. Okta, Inc. sees Q2 2021 EPS of ($0.36)-($0.35), versus the consensus of ($0.11). Okta, Inc. sees Q2 2021 revenue of $295-297 million, versus the consensus of $258 million. Okta, Inc. sees FY2021 EPS of ($1.16)-($1.13), versus the consensus of ($0.44). Okta, Inc. sees FY2021 revenue of $1.215-1.225 billion, versus the consensus of $1.09 billion.

Gores Holdings VI, Inc. (NASDAQ: GHVI) 3.6% HIGHER; merger partner Matterport Q1 revenue was $26.9 million, up 108% year over year

GameStop (NYSE: GME) 3.4% LOWER; gives back some recent gains.

Crocs (NASDAQ: CROX) 3.5% LOWER; to Join S&P MidCap 400

Best Buy (NYSE: BBY) 3.4% HIGHER; reported Q1 EPS of $2.23, $0.88 better than the analyst estimate of $1.35. Revenue for the quarter came in at $11.64 billion versus the consensus estimate of $10.3 billion.

Snowflake (NYSE: SNOW) 3.2% LOWER; reported Q1 EPS of ($0.70), $0.54 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $228.9 million versus the consensus estimate of $212.89 million. Snowflake sees Q2 2022 revenue of $235-240 million, versus the consensus of $251 million. Snowflake sees FY2022 revenue of $1.02-1.035 billion, versus the consensus of $1.09 billion.

Williams-Sonoma (NYSE: WSM) 3.2% HIGHER; reported Q1 EPS of $2.93, $1.10 better than the analyst estimate of $1.83. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.52 billion.

Invesco Mortgage Capital Inc. (NYSE: IVR) 3% LOWER; announced today that it plans to make a public offering of 37.5 million shares of its common stock.

Nutanix (NASDAQ: NTNX) 2.6% LOWER; reported Q3 EPS of ($0.41), $0.08 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $344.5 million versus the consensus estimate of $334.45 million.

Occidental Petroleum (NYSE: OXY) 1.7% HIGHER; Goldman Sachs upgraded from Neutral to Buy with a price target of $31.00 (from $31.00).