Yamana Gold (AUY)

Shares of the Canadian gold producer surged 14.9% in the
premarket after it agreed to be acquired by Gold Fields (GFI) in an all-stock
deal valued at $6.7 billion. Yamana Gold shareholders will receive 0.6 Gold
Field shares for each share they now hold. Gold Fields plunged 11.8%.

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Unilever (UL)

Unilever surged 6.4% in the premarket after the consumer
products company named activist investor Nelson Peltz to its board. Peltz’s
Trian Fund Management holds a roughly 1.5% stake in Unilever.

Credit Suisse (CS)

Credit Suisse fell 3.8% in premarket action after the
company denied a Reuters report that it is mulling various options to raise
capital after a series of losses. According to a Reuters report, the bank was
in the early stages of weighing options, such as a share sale or selling a business

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Nio (NIO)

Nio shares climbed 5.1% in the premarket after Morgan
Stanley added the China-based electric vehicle maker’s stock to its “tactical
idea” list. According to Morgan Stanley, the shares are set to rise as Covid
restrictions are relaxed in the Shanghai region, and as the company benefits
from new subsidies for electric car buyers.

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Sanofi (SNY)

Shares of the drugmaker slipped 3.7% in premarket trading
after the FDA put a trial related to its erectile dysfunction drug Cialis on
hold. The trial was to evaluate the conversion of the prescription treatment to
“over the counter” status, with Sanofi saying the halt was related to trial

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American Eagle Outfitters (AEO)

Shares of the apparel retailer declined 5.7% in the
premarket after a post-earnings tumble of 6.6% on Friday. Morgan Stanley
downgraded the stock to “underweight” from “equal-weight”. It said reduced
guidance from American Eagle management may still be too optimistic.

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Zoom Video Communications (ZM)

Shares of the videoconferencing company added 1.6% in the
premarket trading after the stock received a double upgrade at Daiwa
Securities, which raised its rating to “outperform” from “underperform”. Daiwa
said the recent tech pullback presents an upside opportunity, and that growth
expectations for Zoom now seem more realistic.