HIGHER: Tellurian (TELL), up 3% after announcing that the company and Total (TOT) have signed a heads of agreement, or HOA, for Total to make a $500M equity investment in the integrated Driftwood project and to purchase 1M tonnes per annum of liquefied natural gas, or LNG, from Driftwood. The HOA specifies that Tellurian and Total enter into a sales and purchase agreement for a further 1.5 mtpa of LNG from Tellurian Marketing’s LNG offtake volumes from the proposed Driftwood LNG export terminal… DMC Global (BOOM), up 9% after raising Q1 revenue outlook… e.l.f. Beauty (ELF), up 5% after Jefferies analyst Stephanie Wissink upgraded the stock to Buy from Hold and raised her price target for the shares to $14 from $10. The analyst believes the company’s improved merchandising focus will drive a “meaningful reversal” in sales trends… Intelsat (I), up 7% after JPMorgan analyst Philip Cusick upgraded shares to Overweight from Neutral with an unchanged price target of $27. After being overly-optimistic in the fall, the market is now “underpricing the likelihood” of Intelsat and the C-Band Alliance eventually selling spectrum and “reaping substantial proceeds,” says the analyst. DOWN AFTER EARNINGS: GameStop (GME), down 14%… Signet Jewelers (SIG), down 2%. ALSO LOWER: Advaxis (ADXS), down 28% after 2.5M share spot secondary priced at $4.00 per share… Qutoutiao (QTT), down 6% after 10M share secondary priced at $10.00 per share.