12 Stocks Moving In Wednesday's Pre-Market Session

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Gainers

  • Sunworks Inc SUNW shares rose 16.74 percent to $2.65 in pre-market trading after the company reported $24 million in new commercial orders.
  • SolarCity Corp SCTY shares rose 15.10 percent to $24.39 in pre-market trading after Tesla Motors announced a proposed deal to acquire SolarCity that valued the company somewhere between $26.50 and $28.50 per share.
  • AlarmCom Hldg Inc ALRM rose 8.48 percent to $25.33 in pre-market trading after dropping 6.75 percent on Tuesday.
  • Eleven Biotherapeutics Inc EBIO shares rose 7.30 percent to $2.50 in pre-market trading after gaining 4.95 percent on Tuesday.
  • Winnebago Industries, Inc. WGO rose 6.43 percent to $23.00 in pre-market trading as the company reported better-than-expected Q3 earnings.
  • Anavex Life Sciences Corp. AVXL shares rose 3.55 percent to $4.38 in pre-market trading as the company revealed Tuesday that the Food and Drug Administration's Office of Orphan Product Development has granted Orphan Drug Designation to its ANAVEX 2-73 for infantile spasms treatment.
  • Paratek Pharmaceuticals Inc PRTK rose 2.03 percent to $13.55 in pre-market trading. Paratek Pharma priced its 4.25 million share offering at $13 per share.

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

Losers

  • Tesla Motors Inc TSLA shares fell 11.50 percent to $194.35 in pre-market trading after the company proposed a deal to acquire SolarCity.
  • Inovio Pharmaceuticals Inc INO fell 10.30 percent to $10.10 in pre-market trading after gaining 0.54 percent on Tuesday.
  • QEP Resources Inc QEP shares fell 6.26 percent to $18.11. QEP Resources priced its 20 million share offering for total gross proceeds of $422.1 million.
  • Adobe Systems Incorporated ADBE shares fell 3.68 percent to $96.05 in pre-market trading. Adobe reported better-than-expected earnings for the second quarter, but issued a disappointing revenue forecast.
  • HP Inc HPQ shares fell 1.35 percent to $13.15 in pre-market trading. HP raised its earnings outlook for the third quarter. The company projects adjusted earnings of $0.43 to $0.46 per share for the quarter.
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