20 Stocks Moving In Thursday's Pre-Market Session

Gainers

• Sunedison Semiconductor Ltd SEMI rose 42.5 percent to $11.80 in pre-market trading as GlobalWafers Co., Ltd. agreed to buy SunEdison Semiconductor for US$12.00 per share in cash. Citigroup upgraded SunEdison Semiconductor from Sell to Neutral.
• Cobalt International Energy, Inc. CIE shares rose 23.8 percent to $1.30 in pre-market trading after gaining 5.99 percent on Wednesday.
• Raptor Pharmaceutical Corp. RPTP shares rose 15.8 percent to $7.99 in pre-market trading. Retrophin Inc RTRX is considering an acquisition of Raptor Pharmaceutical, according to Bloomberg.
• Immunomedics, Inc. IMMU shares rose 9.4 percent to $3.14 in pre-market trading after the company reported that its preclinical study on enhancing IMMU-132 activity in SN-38-resistant cancer cells increased the median survival of mice.
• SCYNEXIS Inc SCYX rose 8.9 percent to $2.82 in pre-market trading after surging 25.73 percent on Wednesday.
• NetApp Inc. NTAP rose 8.3 percent to $31.25 in pre-market trading as the company reported better-than-expected earnings for its fiscal first quarter on Wednesday.
• Canadian Solar Inc. CSIQ rose 8.1 percent to $13.20 in the pre-market trading session. Canadian Solar reported Q2 earnings of $0.68 per share on revenue of $805.9 million.
• Arrowhead Pharmaceuticals Inc ARWR rose 6.8 percent to $6.77. Cantor Fitzgerald initiated coverage on Arrowhead Pharmaceuticals with a Buy rating.
• Staples, Inc. SPLS rose 6.3 percent to $9.22 in pre-market trading after dropping 7.07 percent on Wednesday.
• L Brands Inc LB rose 4 percent to $77.00 in pre-market trading as the company posted upbeat earnings for its second quarter after market close on Wednesday.
• Wal-Mart Stores, Inc. WMT rose 3.4 percent to $75.40 in pre-market trading as the company reported better-than-expected EPS and revenue for the second quarter. The company updated its EPS forecast for the full year.
• YY Inc (ADR) YY rose 3.3 percent to $50.70 in the pre-market trading session. YY reported a Q2 profit of $51.7 million and reported the resignation of Chairman Mr. Jun Lei.

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Losers

• Cerulean Pharma Inc CERU fell 61.3 percent to $1.06 in pre-market trading after the company reported failed CRLX101/Avastin trial results. Leerink Swann, Janney Capital and JMP Securities downgraded the stock following the news.
• Portola Pharmaceuticals Inc PTLA shares fell 15.6 percent to $19.99 in pre-market trading as the company reported that it has received a CRL from the FDA for Biologics License Application for AndexXa.
• Juniper Pharmaceuticals Inc JNP shares dropped 15.3 percent to $6.03 in pre-market trading. Juniper Pharma reported that its Phase 2b trial of COL-1077 lidocaine vaginal gel did not meet primary and secondary endpoints.
• Aerie Pharmaceuticals Inc AERI shares fell 14.8 percent to $16 in pre-market trading.
• Oncomed Pharmaceuticals Inc OMED shares fell 14 percent to $10.07 in pre-market trading. OncoMed priced an offering of 5.5 million shares at $10 per share.
• Momo Inc (ADR) MOMO fell 4.5 percent to $14.88 in pre-market trading. Momo reported Q2 adjusted earnings of $0.03 per ADS and announced that the Buyer Group will withdraw the non-binding go-private offer.
• Agilent Technologies Inc A shares fell 4 percent to $46.49 in the pre-market trading session. Agilent posted better-than-expected earnings for its third quarter. However, the company reported downbeat quarterly sales and issued a weak FY16 guidance.
• Twitter Inc TWTR shares fell 2.5 percent to $19.67 in pre-market trading. Evercore ISI Group downgraded Twitter from Hold to Sell and lowered the price target from $18.00 to $17.00.