10 Stocks Moving In Wednesday's Pre-Market Session


Gainers

Conatus Pharmaceuticals Inc 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. 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) ARMH shares rose 4.85 percent to $44.13 in pre-market trading after dropping 3.53 percent on Tuesday.

MediciNova, Inc. MNOV shares rose 2.33 percent to $4.40 in the pre-market trading session after gaining 4.88 percent on Tuesday.

Comcast Corporation 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.

Losers

Hansen Medical, Inc. 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. 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. 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. 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. 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.

Posted In: NewsMovers & ShakersPre-Market OutlookMarketsMovers#PreMarket Gainers#PreMarket LosersTop Gainers
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