Premarket movers SpaceX rises 7.3%, putting the stock on track to extend a rally following its blockbuster debut last week. Mag 7 stocks are mixed (Amazon +0.5%, Alphabet -0.1%, Nvidia -0.1%, Apple -0.2%, Meta -0.2%, Microsoft -0.7%, Tesla -0.8%) Domo (DOMO) said its board’s review determined a strategic transaction is the best way to maximize shareholder value. Shares are down 13%. Edgewise Therapeutics (EWTX) falls 23% after the drug developer gave results from a mid-stage trial of its experimental therapy for a heart disorder. Edwards Lifesciences (EW) is up 3.1% after the US government published a coverage proposal for transcatheter aortic-valve replacement, with analysts citing updates that lean positive for the space. Huntsman (HUN) falls 7% after it agreed to merge with chemical peer Olin in an all-stock merger of equals. Olin shares are roughly flat in premarket. Robinhood Markets (HOOD) gains 2% after it said it is reducing its full-time employee workforce by 10%, and also closing a small number of open roles. Source: BBG(zerohedge)