12 Stocks Moving In Wednesday's Pre-Market Session


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Gainers

Zillow Group, Inc.- Class C (NASDAQ: Z) rose 13.21 percent to $28.37 in pre-market trading. Zillow reported a wider-than-expected loss for its first quarter, but the company exceeded analysts’ sales estimates. The company also issued a strong guidance for second quarter and full year.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Oclaro, Inc. (NASDAQ: OCLR) rose 6.45 percent to $5.45 in pre-market trading as the company reported upbeat quarterly sales and issued a strong sales forecast.

Shopify Inc (NYSE: SHOP) shares rose 6.38 percent to $32.70 in the pre-market trading session as the company reported stronger-than-expected quarterly results and raised its revenue outlook for the full year.

Qiwi PLC (NASDAQ: QIWI) shares rose 4 percent to $11.45 in pre-market trading after declining 4.68 percent on Tuesday.

Medivation Inc (NASDAQ: MDVN) shares rose 4.83 percent to $60.30 in pre-market trading as Reuters reported that Pfizer Inc. (NYSE: PFE) has made a takeover approach, according to sources.

CBS Corporation (NYSE: CBS) shares rose 2.38 percent to $56.89 in pre-market trading as the company reported better-than-expected earnings for its first quarter on Tuesday.


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


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

Losers

Glu Mobile Inc. (NASDAQ: GLUU) shares fell 15.36 percent to $2.26 in pre-market trading as the company issued weak forecast for the full year and announced plans to reduce its workforce by around 85.

Relypsa Inc (NASDAQ: RLYP) fell 10.51 percent to $15.50 in pre-market trading as the company reported a $150 million debt financing. Mizuho Securities downgraded Relypsa from Neutral to Underperform.

Priceline Group Inc (NASDAQ: PCLN) shares fell 10.19 percent to $1,217.00 in pre-market trading. Priceline reported better-than-expected Q1 results, but issued a weak profit forecast for the second quarter.

Adamas Pharmaceuticals Inc (NASDAQ: ADMS) shares fell 7.12 percent to $15.00 in pre-market trading after declining 5.00 percent on Tuesday.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) shares fell 6.96 percent to $89.00 in pre-market trading on Q1 results. Randgold reported Q1 earnings of $0.58 per share.

Illumina, Inc. (NASDAQ: ILMN) shares fell 4.98 percent to $127.00 in pre-market trading as the company reported downbeat results for its first quarter and issued a weak guidance.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsMovers & ShakersPre-Market OutlookMarketsMovers#PreMarket Gainers#PreMarket LosersTop Gainers