Pre-Open Stock Mover:

India Globalization Capital, Inc. (NYSE: IGC) 174% HIGHER; announced today that on July 20, 2021, the United States Patent and Trademark Office issued a patent (#11,065,225) for the treatment of Alzheimer’s disease entitled “Ultra-Low dose THC as a potential therapeutic and prophylactic agent for Alzheimer’s Disease.”

TRACON Pharmaceuticals (NASDAQ: TCON) 22.9% LOWER; announced that, due to demand, the underwriter has agreed to increase the size of the previously announced public offering and purchase on a firm commitment basis 3,926,702 shares of common stock of the Company at a price to the public of $3.82 per share, less underwriting discounts and commissions.

Netgear, Inc. (NASDAQ: NTGR) 13.2% LOWER; reported Q2 EPS of $0.66, $0.05 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $390 million versus the consensus estimate of $314.84 million.

Crocs (NASDAQ: CROX) 9.8% HIGHER; reported Q2 EPS of $2.23, $0.71 better than the analyst estimate of $1.52. Revenue for the quarter came in at $640.8 million versus the consensus estimate of $559.11 million. Raises outlook.

Kaiser Aluminum (NASDAQ: KALU) 5.4% LOWER; reported Q2 EPS of $1.00, $0.44 worse than the analyst estimate of $1.44. Revenue for the quarter came in at $741 million versus the consensus estimate of $519.18 million.

Texas Instruments (NASDAQ: TXN) 4.6% LOWER; reported Q2 EPS of $2.05, $0.23 better than the analyst estimate of $1.82. Revenue for the quarter came in at $4.58 billion versus the consensus estimate of $4.35 billion. Texas Instruments sees Q3 2021 EPS of $1.87-$2.13, versus the consensus of $1.97. Texas Instruments sees Q3 2021 revenue of $4.4-4.76 billion, versus the consensus of $4.58 billion.

CSX Corp. (NASDAQ: CSX) 3.4% HIGHER; reported Q2 EPS of $0.40, ex-benefit, $0.03 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.99 billion versus the consensus estimate of $2.92 billion.

Tenet Healthcare (NYSE: THC) 3% LOWER; reported Q2 EPS of $1.11, $0.04 better than the analyst estimate of $1.07. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.78 billion. Tenet Healthcare sees FY2021 EPS of $5.23-$5.73 vs consensus of $4.35-$5.67.

Las Vegas Sands (NYSE: LVS) 2.4% LOWER; reported Q2 EPS of $0.05, $0.18 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.42 billion.

Poshmark (NASDAQ: POSH) 2.4% HIGHER; In a 13G filing Steven Cohen's hedge fund Point72 Asset Management, L.P. disclosed a 5.7%, or 883,847 share, stake in the company. The firm did not hold shares at the end of the latest quarter ending June 30, 2021.