Pre-Open Stock Movers:

Biogen (NASDAQ: BIIB) 5.5% LOWER; Samsung Group denied it is engaged in talks to acquire the biotech firm.

Naked Brand Group Limited (NASDAQ: NAKD) 4.7% HIGHER; sees continued momentum.

DiDi Global Inc. (NYSE: DIDI) 4% LOWER; announced unaudited interim condensed financial results for Q2/21 and Q3/21 after the close of Wednesday. The company's Q3 revenue came in at RMB 42.675 billion (US$6.6 billion), compared to RMB 43,398 for the same period in 2020. Q2 revenue was RMB 48,212, compared to RMB 31,167 for the same period in 2020. The diluted EPSs came in at (RMB 203.34) and (RMB 25.91) or (USD$4.02) for Q2 and Q3, respectively.

Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) 2.4% LOWER; provides an update on MAESTRO-NAFLD-1, its 52-week Phase 3 multi-center, double-blind, randomized, placebo-controlled study of resmetirom in patients with non-alcoholic fatty liver disease, presumed NASH. Paul Friedman, M.D., Chief Executive Officer of Madrigal, stated, Although the blinded study data were delivered to the vendor conducting the statistical analyses on time, unexpected staffing issues at the vendor delayed their analyses of the initial MRI-PDFF and lipid data planned for release by year end. We now expect to announce topline 52-week results from the study in January 2022.

Oatly Group AB (Nasdaq: OTLY) 2.4% LOWER; co-founder stepping down from board.

Tesla, Inc. (NASDAQ: TSLA) 2.3% LOWER; announces large recall

The Kroger Co. (NYSE: KR) 1.4% HIGHER; Board of Directors today authorized a new $1 billion share repurchase program, replacing the current authorization, which had approximately $157 million remaining as of December 29, 2021.

Tractor Supply Company (NASDAQ: TSCO) 1.4% HIGHER; Argus upgraded from Hold to Buy with a price target of $255.00.