10 Stocks Moving In Wednesday's Pre-Market Session
Conatus Pharmaceuticals Inc (NASDAQ: CNAT) shares rose 33.13 percent to $2.13 in pre-market trading as the company reported that the FDA has granted Fast Track designation for emricasan.
Oclaro, Inc. (NASDAQ: OCLR) shares rose 7.63 percent to $3.95 in pre-market trading as the company reported stronger-than-expected quarterly results.
ARM Holdings plc (ADR) (NASDAQ: ARMH) shares rose 4.85 percent to $44.13 in pre-market trading after dropping 3.53 percent on Tuesday.
MediciNova, Inc. (NASDAQ: MNOV) shares rose 2.33 percent to $4.40 in the pre-market trading session after gaining 4.88 percent on Tuesday.
Comcast Corporation (NASDAQ: CMCSA) shares rose 2.12 percent to $55.75 in pre-market trading. Comcast reported downbeat quarterly earnings, but the company’s sales exceeded analysts’ expectations. The company raised its dividend by 10 percent and announced plans to buy back $5 billion of stock in 2016.
Hansen Medical, Inc. (NASDAQ: HNSN) shares fell 7.12 percent to $3.26 in the pre-market trading after rising 9.69 percent on Tuesday.
National-Oilwell Varco, Inc. (NYSE: NOV) fell 6.49 percent to $28.69 in pre-market trading after the company reported weaker-than-expected Q4 results.
Chipotle Mexican Grill, Inc. (NYSE: CMG) shares fell 5.46 percent to $450.00 in pre-market trading. Chipotle reported better-than-expected earnings for its fourth quarter, but the company’s sales missed analysts’ estimates. Chipotle was also served with a subpoena on January 28, broadening scope of a previously announced criminal investigation.
Illumina, Inc. (NASDAQ: ILMN) shares fell 5.28 percent to $146.49 in pre-market trading after the company reported Q4 earnings. Illumina reported Q4 earnings of $0.81 per share on revenue of $592 million.
Yahoo! Inc. (NASDAQ: YHOO) shares fell 1.58 percent to $28.60 in pre-market trading. Yahoo! reported in-line earnings for its latest quarter. However, the company’s revenue topped analysts’ estimates. Yahoo also announced plans to lower 15 percent of its workforce and explore strategic alternatives for its Internet business.
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