Benzinga's Top #PreMarket Gainers

Frontier Communications FTR surged 14.32% to $5.03 in the pre-market session after AT&T T announced its plans to sell its Wireline Residential and Business Services and associated assets in Connecticut to Frontier for $2 billion in cash. PMC-Sierra PMCS soared 9.37% to $7.00 in the pre-market trading. PMC-Sierra's PEG ratio is 1.78. Zogenix ZGNX shares jumped 8.69% to $3.19 in pre-market trading. Zogenix shares have jumped 114.60% over the past 52 weeks, while the S&P 500 index has gained 23.48% in the same period. Hewlett-Packard Company HPQ shares gained 2.53% to $27.58 in the pre-market after JP Morgan upgraded the stock from Neutral to Overweight and lifted the price target from $30.00 to $35.00.