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Tellabs (NASDAQ: TLAB) shares fell 20.90% to $2.65 in the pre-market trading. Tellabs' PEG ratio is -33.50.

Molycorp (NYSE: MCP) dipped 5.38% to $10.72 in the pre-market session. Molycorp announced the resignation of its President and Chief Executive Mark Smith.

Eli Lilly and Company (NYSE: LLY) shares dropped 4.11% to $48.51 in pre-market trading. Eli Lilly provided an update on the next steps planned for solanezumab.

Seagate Technology Public Limited Company (NASDAQ: STX) dipped 3.72% to $27.95 in the pre-market session. Analysts at J.P. Morgan downgraded Seagate from “neutral” to “underweight.”

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