10 Stocks Moving In Monday's Pre-Market Session

Gainers

Virgin America Inc VA shares rose 39.20 percent to $54.15 in pre-market trading after Alaska Air Group confirmed it has entered into an agreement to acquire the airline for $57.00 per share in cash.

Zafgen Inc ZFGN rose 14.63 percent to $7.68 in pre-market trading after the company announced positive data from a Phase 3 trial evaluating the safety and efficacy of beloranib.

Edwards Lifesciences Corp EW shares rose 13.16 percent to $101.80 in pre-market trading after the company announced over the weekend results from a clinical study involving patients at intermediate risk for open-heart surgery.

XBiotech Inc XBIT shares gained 10.99 percent to $10.50 in pre-market trading as the company reported that the EMA has granted accelerated assessment of marketing authorization application for Xilonix for advanced colorectal cancer.

Bioline RX Ltd BLRX shares rose 6.75 percent to $1.050 in pre-market trading as the company reported that novel treatment for non-surgical removal of skin lesions has received CE Mark approval.

Tesla Motors Inc TSLA shares rose 3.77 percent to $246.55 in the pre-market trading session after gaining 3.40 percent on Friday.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Losers

Smith & Wesson Holding Corp SWHC shares fell 6.34 percent to $26.00 in pre-market trading. Cowen & Company downgraded Smith & Wesson from Outperform to Market Perform.

Alaska Air Group, Inc. ALK shares fell 4.89 percent to $78.00 in pre-market trading. Alaska Air confirmed it has entered into an agreement to acquire Virgin America for $57.00 per share in cash.

TerraForm Global Inc GLBL shares fell 3.85 percent to $2.25 in pre-market trading. TerraForm Global reported that it has received non-compliance letter from the NASDAQ.

Randgold Resources Ltd. (ADR) GOLD shares fell 2.36 percent to $88.40 in pre-market trading after dropping 0.30 percent on Friday.