12 Stocks Moving In Thursday's Pre-Market Session

Gainers

• Qunar Cayman Islands Ltd QUNR shares rose 7.87 percent to $28.50 in pre-market trading after the company reported that it has received a go-private offer of $30.39 per ADS from Ocean Management Limited.
• Micron Technology, Inc. MU shares rose 5.50 percent to $13.42 in pre-market trading. Nomura upgraded Micron from Reduce to Buy and raised the price target from $8.00 to $18.00, while Susquehanna upgraded the stock from Neutral to Positive and raised the price target from $10.00 to $18.00.
• Herman Miller, Inc. MLHR rose 4.49 percent to $32.61 in pre-market trading as the company reported upbeat results for its fourth quarter and issued a strong forecast for the current quarter. The company also raised its quarterly dividend from $0.1475 per share to $0.17 per share.
• Shire PLC (ADR) SHPG shares rose 4.34 percent to $183.00 in pre-market trading after gaining 0.44 percent on Wednesday.
• Ryanair Holdings plc (ADR) RYAAY rose 3.89 percent to $83.32 in pre-market trading after declining 0.80 percent on Wednesday.
• Eleven Biotherapeutics Inc EBIO rose 3 percent to $2.40 in pre-market trading. Eleven Biotherapeutics announced plans to eliminate 14 positions, representing around 70 percent of its workforce.
• Mosaic Co MOS shares rose 3.59 percent to $27.70 in pre-market trading after dropping 0.85 percent on Wednesday.

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Losers

• New York Mortgage Trust Inc NYMT shares fell 13.72 percent to $5.22 in pre-market trading after declining 4.84 percent on Wednesday.
• Steelcase Inc. SCS shares fell 10.39 percent to $13.20 in pre-market trading. Steelcase reported better-than-expected results for its first quarter, but issued a weak outlook for the second quarter.
• Red Hat Inc RHT shares fell 5.49 percent to $75.37 in pre-market trading. Red Hat reported in-line earnings for its first quarter, but exceeded analysts’ sales estimates. The company issued a weak earnings forecast and announced a $1 billion buyback program. Red Hat also announced plans to acquire API management leader 3scale.
• CACI International Inc CACI shares fell 5.84 percent to $93.50 after the company issued a weak forecast for 2017.
• Bed Bath & Beyond Inc. BBBY fell 4.38 percent to $41.29 in pre-market trading after the company reported weaker-than-expected earnings for its first quarter on Wednesday.