10 Stocks Moving In Wednesday's Pre-Market Session

Gainers

Glu Mobile Inc. GLUU shares rose 8.36 percent to $3.24 in pre-market trading after gaining 10.74 percent on Tuesday.

Sarepta Therapeutics Inc SRPT shares rose 7.27 percent to $20.95 in pre-market trading. Oppenheimer maintained Outperform rating and raised the price target for Sarepta Therapeutics from $45 to $60.

Constellation Brands, Inc. STZ shares gained 2.88 percent to $155.80 in pre-market trading. Constellation Brands reported Q4 earnings of $1.19 per share on sales of $1.54 billion. The company is also evaluating plans for an IPO for a portion of its Canadian wine business.

Smith & Wesson Holding Corp SWHC rose 2.78 percent to $24 in pre-market trading after gaining 2.50 percent on Tuesday.

Pfizer Inc. PFE shares rose 1.24 percent to $31.75 in pre-market trading. Pfizer announced Wednesday morning it has terminated its merger agreement with Allergan plc AGN following the U.S. Department of Treasury's tax inversion announcement on Monday.

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

Losers

Cree, Inc. CREE shares fell 16.97 percent to $24.12 in pre-market trading after the company issued a weak outlook for the third quarter.

Invivo Therapeutics Holdings Corp NVIV shares fell 3.30 percent to $6.15 in pre-market trading after dropping 5.64 percent on Tuesday.

KLA-Tencor Corp KLAC shares fell 3.27 percent to $$70 in pre-market trading after declining 0.63 percent on Tuesday.

Mattel, Inc. MAT shares fell 3.26 percent to $32.00 in pre-market trading. Stifel Nicolaus downgraded Mattel from Buy to Hold.

NVIDIA Corporation NVDA shares fell 1.57 percent to $35.19 in pre-market trading. Stifel Nicolaus downgraded NVIDIA from Buy to Neutral.