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Morning Market Movers

J. C. Penney Company (NYSE: JCP) surged 22.15% to $7.28 in the pre-market session after the company reported a narrower-than-expected fourth-quarter loss.

Best Buy Co (NYSE: BBY) soared 6.12% to $27.40 in the pre-market trading after the company posted a better-than-expected profit in the fourth quarter.

Microvision (NASDAQ: MVIS) surged 5.58% to $2.46 in the pre-market session after jumping 13.11% on Wednesday.

Baidu (NASDAQ: BIDU) shares gained 4.68% to $181.00 in the pre-market after the company announced upbeat quarterly earnings and issued a strong revenue forecast.

Tesla Motors (NASDAQ: TSLA) shares jumped 3.14% to $260.95 in pre-market trading after the company announced a $1.6 billion convertible notes offering. Wedbush lifted the price target on the stock from $225.00 to $295.00.

Posted-In: PreMarket GainersNews Pre-Market Outlook Markets Movers

 

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