Americans Urged To Depart Ukraine After Warning About Fresh Russian Attacks

Pre-market Movers: HIL, BBBY, JCSE, SAVA, MX…

The following are some of the stocks making big moves in Wednesday’s pre-market trading (as of 07.30 A.M. ET).

In the Green

Hill International, Inc. (HIL) is up over 60% at $2.80
Bed Bath & Beyond Inc. (BBBY) is up over 24% at $25.74
JE Cleantech Holdings Limited (JCSE) is up over 19% at $2.72
Cassava Sciences, Inc. (SAVA) is up over 17% at $23.75
Magnachip Semiconductor Corporation (MX) is up over 15% at $15.17
Avinger, Inc. (AVGR) is up over 15% at $2.05
Fluence Energy, Inc. (FLNC) is up over 8% at $18.76
Costamare Inc. (CMRE) is up over 8% at $12.80
Blue Apron Holdings, Inc. (APRN) is up over 8% at $5.86
Eargo, Inc. (EAR) is up over 8% at $2.19
Chinook Therapeutics, Inc. (KDNY) is up over 6% at $23.97
Agilent Technologies, Inc. (A) is up over 5% at $140.52

In the Red

Artelo Biosciences, Inc. (ARTL) is down over 13% at $5.51
Stronghold Digital Mining, Inc. (SDIG) is down over 11% at $2.81
Kidpik Corp. (PIK) is down over 10% at $2.27
Forza X1, Inc. (FRZA) is down over 9% at $7.50
Clene Inc. (CLNN) is down over 9% at $3.27
AMTD IDEA Group (AMTD) is down over 7% at $2.60
MAG Silver Corp. (MAG) is down over 6% at $12.94
Sanofi (SNY) is down over 5% at $42.40
Twin Vee Powercats Co. (VEEE) is down over 5% at $6.92
NanoViricides, Inc. (NNVC) is down over 5% at $2.44

Aveva Stock Climbs As Schneider Electric Confirms Considering Possible Offer

Shares of AVEVA Group plc (AVV.L) were climbing around 32 percent in London trading after French energy management firm Schneider Electric (SBGSF.PK) confirmed Wednesday that it is considering a possible offer for the remaining stake in the British IT consulting company that it does not already own.

Schneider Electric currently owns about 60 percent of Aveva.

The company expects that a full combination of AVEVA and the software business of Schneider Electric will reinforce AVEVA, and enable it to execute its growth strategy faster.

In its response to a recent press speculation, Schneider Electric said it has not made any proposal to AVEVA yet and that there can be no certainty that any offer will be made.

Bloomberg News earlier had reported that the French company is considering a bid to buy out British industrial software developer.

Schneider Electric must, by not later than 5.00 p.m. on September 21, either announce a firm intention to make an offer for AVEVA or announce that it does not intend to make an offer.

Schneider Electric said it remains committed to AVEVA, whether or not an offer is made.

Schneider Electric will make a further announcement in due course.

In London, AVEVA shares were trading at 2,902 pence, up 32.39 percent.

In Paris, Schneider Electric shares were trading at 129.12 euros, up 0.8 percent.

Pre-market Movers: LGO, NERV, TMDX, BBBY, FTCH…

The following are some of the stocks making big moves in Wednesday’s pre-market trading (as of 07.30 A.M. ET).

In the Green

Largo Inc. (LGO) is up over 21% at $8.62
Minerva Neurosciences, Inc. (NERV) is up over 21% at $5.46
TransMedics Group, Inc. (TMDX) is up over 17% at $58.20
Bed Bath & Beyond Inc. (BBBY) is up over 14% at $10.04
Farfetch Limited (FTCH) is up over 14% at $9.00
Starbox Group Holdings Ltd. (STBX) is up over 13% at $17.49
Getty Images Holdings, Inc. (GETY) is up over 12% at $31.00
Cue Health Inc. (HLTH) is up over 10% at $4.30
O-I Glass, Inc. (OI) is up over 8% at $15.43
New Concept Energy, Inc. (GBR) is up over 8% at $2.15
Intuit Inc. (INTU) is up over 6% at $477.00
TravelCenters of America Inc. (TA) is up over 6% at $61.83
Houston American Energy Corp. (HUSA) is up over 6% at $5.31
Redwire Corporation (RDW) is up over 5% at $3.10

In the Red

Nordstrom, Inc. (JWN) is down over 13% at $20.15
Puyi Inc. (PUYI) is down over 12% at $7.12
Aurinia Pharmaceuticals Inc. (AUPH) is down over 7% at $7.31
GigaCloud Technology Inc. (GCT) is down over 6% at $24.81
McEwen Mining Inc. (MUX) is down over 6% at $2.83

Petco Health & Wellness Company Inc Q2 Profit Decreases, misses estimates

Petco Health & Wellness Company Inc (WOOF) revealed earnings for second quarter that decreased from the same period last year and missed the Street estimates.

The company’s earnings totaled $13.45 million, or $0.05 per share. This compares with $75.11 million, or $0.28 per share, in last year’s second quarter.

Excluding items, Petco Health & Wellness Company Inc reported adjusted earnings of $49.72 million or $0.19 per share for the period.

Analysts on average had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 3.5% to $1.48 billion from $1.43 billion last year.

Petco Health & Wellness Company Inc earnings at a glance (GAAP) :

-Earnings (Q2): $13.45 Mln. vs. $75.11 Mln. last year.
-EPS (Q2): $0.05 vs. $0.28 last year.
-Analyst Estimates: $0.22
-Revenue (Q2): $1.48 Bln vs. $1.43 Bln last year.

-Guidance:
Full year EPS guidance: $0.77 to $0.81
Full year revenue guidance: $5.97 to $6.05 bln

Americans Urged To Depart Ukraine After Warning About Fresh Russian Attacks

The U.S. government is urging its citizens in Ukraine to leave the country immediately.

U.S. citizens must depart Ukraine now using privately available ground transportation options if it is safe to do so, the U.S. Embassy in Ukrainian capital Kyiv said in a Security Alert issued on Tuesday.

The alert came in the wake of warning by the State Department that Russia is planning to launch fresh attacks on Ukraine as the country celebrates its Independence Day on Wednesday.

“The Department of State has information that Russia is stepping up efforts to launch strikes against Ukraine’s civilian infrastructure and government facilities in the coming days. Russian strikes in Ukraine pose a continued threat to civilians and civilian infrastructure,” the Embassy said in its latest update.

“The security situation throughout Ukraine is highly volatile and conditions may deteriorate without warning. U.S. citizens should remain vigilant and take appropriate steps to increase their security awareness,” it added.

Ukrainian President Volodymyr Zelensky has warned Russia of a “powerful response” if it attacks Ukraine.

Ukrainian government has banned public events to mark Ukraine’s independence from the Soviet Union 31 years ago, on August 24, 1991.

It also marks six months since Russia invaded the country.