25 Stocks Moving In Wednesday's Pre-Market Session

Gainers

  • Coherent, Inc. COHR rose 16 percent to $187.09 in pre-market trading after the company reported better-than-expected Q1 earnings.
  • Myriad Genetics, Inc. MYGN rose 13.5 percent to $17.48 in pre-market trading after the company posted upbeat Q2 results and narrowed its FY17 adjusted earnings outlook.
  • Cellect Biotechnology Ltd. APOP shares rose 11.4 percent to $4.59 in pre-market trading. Cellect Biotech disclosed that it has treated the first blood cancer patient in Phase I/II trial of ApoGraft
  • Microchip Technology Inc. MCHP rose 9.9 percent to $76.51 in pre-market trading after the company reported upbeat Q3 results and issued a strong Q4 outlook.
  • Foundation Medicine Inc FMI shares rose 9.6 percent to $24 in pre-market trading after surging 12.31 percent on Tuesday. Foundation Medicine will release its quarterly earnings on February 22, 2017.
  • Vanda Pharmaceuticals Inc. VNDA rose 7.3 percent to $14.65 in pre-market trading. Vanda Pharmaceuticals is expected to announce Q4 financial results on February 15, 2017.
  • Veracyte Inc VCYT shares rose 6.9 percent to $8.10 in pre-market trading after the company reported that it will extend access to its Afirma GEC through a deal with Quest Diagnostics.
  • Camtek LTD. CAMT shares rose 6.4 percent to $3.85 in pre-market trading. Camtek reported Q4 earnings of $0.07 per share on revenue of $29.3 million.
  • Cognizant Technology Solutions Corp CTSH shares rose 4.9 percent to $56.40 in pre-market trading after the company posted upbeat quarterly earnings and reported a cooperation agreement with Elliott Management.
  • GrubHub Inc GRUB shares rose 4.8 percent to $43.30 in pre-market trading. GrubHub is expected to release quarterly earnings today.
  • Avino Silver and Gold Mines Ltd ASM rose 4.1 percent to $2.05 in pre-market trading after gaining 1.03 percent on Tuesday.

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Losers

  • Concordia International Corp CXRX dropped 14.1 percent to $3.00 in pre-market trading after climbing 17.51 percent on Tuesday. TD Securities downgraded Concordia from Hold to Reduce.
  • Second Sight Medical Products Inc EYES fell 12.7 percent to $2.41 in pre-market trading after surging 78.06 percent on Tuesday.
  • Coherus Biosciences Inc CHRS shares fell 10.2 percent to $23.95 in the pre-market trading session. Coherus reported an offering of $125 million shares of common stock.
  • Orbotech Ltd ORBK fell around 9.3 percent to $31.50 in pre-market trading after the company posted downbeat Q4 results.
  • DryShips Inc. DRYS fell 8.3 percent to $4.43 in pre-market trading following Q4 results. DryShips reported a Q4 loss of $54.16 per share on revenue of $12.8 million.
  • Golar LNG Partners LP GMLP shares fell 7.1 percent to $22.79 in pre-market trading. Golar LNG Partners priced its 4.5 million common unit offering for total gross proceeds of $103.5 million.
  • The Carlyle Group LP CG shares fell 6.7 percent to $16.00 in pre-market trading after reporting downbeat earnings for its fourth quarter.
  • Parsley Energy Inc PE shares fell 6.4 percent to $31.20 in pre-market trading. Parsley Energy priced its 36 million share offering for total gross proceeds of $1.116 billion and announced plans to acquire Midland Basin properties from Double Eagle Energy for $2.8 billion.
  • Gilead Sciences, Inc. GILD fell 6.3 percent to $68.50 in pre-market trading. Gilead posted upbeat results for its fourth quarter, but issued disappointing 2017 sales forecast for its hepatitis C drugs.
  • Zillow Group, Inc. Z shares fell 5.1 percent to $35.00 in pre-market trading. Zillow reported Q4 earnings of $0.14 per share on revenue of $227.6 million. The company projects a net loss of $20.2 million to $40.2 million on revenue of $1.03 billion to $1.05 billion for the full year.
  • FXCM Inc FXCM shares fell 4.4 percent to $3.30 in pre-market trading after declining 49.64 percent on Tuesday.
  • AMC Entertainment Holdings Inc AMC fell 3.9 percent to $31.25 in pre-market trading. AMC Entertainment priced its upsized 19.047 million share offering at $31.50 per share.
  • Buffalo Wild Wingso BWLD fell 3.9 percent to $144.00 in pre-market trading as the company reported weaker-than-expected results for its fourth quarter.
  • Intuit Inc. INTU fell 3.2 percent to $113.75 in pre-market trading as the company lowered its Q2 forecast.
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