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Mad Money Lightning Round: Cramer Dislikes City Telecom HK

TNS (NYSE: TNS) moved up 44.33% to $21.00 in the pre-market session. TNS agreed to be bought by an affiliate of Siris Capital Group for $21.00 per share.

City Telecom (H.K.) Limited (NASDAQ: CTEL) soared 11.66% to $5.65 in the pre-market trading. City Telecom has a dividend yield of 14.70%.

Urban Outfitters (NASDAQ: URBN) added 7.30% to $39.70 in the pre-market session. Urban Outfitters released Q4 sales update.

Aeterna Zentaris (NASDAQ: AEZS) surged 5.99% to $2.30 in the pre-market session. Aeterna Zentaris reported that final Phase 2 data demonstrated that the combination of perifosine and sorafenib was well tolerated by heavily pretreated lymphoma patients.

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