12 Stocks Moving In Thursday's Pre-Market Session

Gainers

• Arena Pharmaceuticals, Inc. ARNA rose 8.8 percent to $1.74 in pre-market trading. Eisai and Arena Pharma reported the regulatory approval of VENESPRI in Mexico.
• Cree, Inc. CREE rose 7.7 percent to $27.00 in the pre-market trading session as Infineon agreed to acquire Wolfspeed from Cree for $850 million in cash.
• JPMorgan Chase & Co. JPM shares rose 2.1 percent to $64.45 in pre-market trading after the bank reported better-than-expected Q2 earnings.
• Synergy Pharmaceuticals Inc SGYP rose 5.9 percent to $4.10 in pre-market trading after dropping 6.75 percent on Wednesday.
• Cypress Semiconductor Corporation CY shares rose 4.7 percent to $11.40 in pre-market trading as Betaville reported that the company had rejected an offer of $14.00 per share from Summitview Capital, according to sources. Cypress is said to be looking for $15.00 per share is working with Goldman Sachs on exploring strategic options, the sources said.
• Yum! Brands, Inc. YUM shares rose 4.4 percent to $89.50 in pre-market trading as the company reported better-than-expected Q2 earnings and raised its full-year core operating profit growth guidance.
• Qihoo 360 Technology Co Ltd QIHU rose 4.1 percent to $76.55 in pre-market trading.
• Chesapeake Energy Corporation CHK shares rose 3.5 percent to $4.50 in pre-market trading after declining 5.02 percent on Wednesday.

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

Losers

• Rennova Health Inc RNVA shares fell 38.9 percent to $0.330 in pre-market trading. Rennova Health reported the pricing of its $8,600,000 public offering.
• Summit Materials Inc SUM shares fell 3.2 percent to $20.98 in the pre-market trading session. Summit Materials reported the pricing of secondary offering of 12.5 million shares of common stock by certain selling stockholders.
• Pan American Silver Corp. (USA) PAAS shares fell 2.2 percent to $18.60 in pre-market trading after gaining 4.80 percent on Wednesday.
• NXP Semiconductors NV NXPI fell 2.1 percent to $79.00 in pre-market trading after gaining 0.09 percent on Wednesday.