Gainers
- Alon USA Energy, Inc. (NYSE: ALJ) rose 12.4 percent to $9.50 in pre-market trading after the company disclosed that it has received an acquisition offer from Delek US Holdings, Inc. (NYSE: DK) for Stock.
- Omeros Corporation (NASDAQ: OMER) rose 11.9 percent to $8.21 in the pre-market trading after the company disclosed positive data from Phase 2 trial for the treatment of kidney disorders.
- Lipocine Inc (NASDAQ: LPCN) rose 11.6 percent to $4.24 in pre-market trading as the company disclosed that it has completed a Post Action Meeting with the FDA for LPCN 1021 New Drug Application.
- Nova Lifestyle Inc (NASDAQ: NVFY) rose 10.5 percent to $4.10 in pre-market trading after dropping 7.25 percent on Friday.
- Shineco Inc (NASDAQ: TYHT) shares rose 7.84 percent in pre-market trading after gaining 3.56 percent on Friday.
- Xunlei Ltd (NASDAQ: XNET) shares rose 7.5 percent to $5.32 in pre-market trading after gaining 0.41 percent on Friday.
- Groupon Inc (NASDAQ: GRPN) rose 6.2 percent to $5.32 in pre-market trading. Wedbush upgraded Groupon from Neutral to Outperform and raised the price target from $4.50 to $6.50.
- Kite Pharma Inc (NASDAQ: KITE) rose 6 percent to $52.25 in pre-market trading after dropping 4.12 percent on Friday.
- Hasbro, Inc. (NASDAQ: HAS) rose 5.3 percent to $80.18 in pre-market trading after the company reported better-than-expected results for the third quarter.
- SUPERVALU INC. (NYSE: SVU) rose 5 percent to $5.26 in the pre-market trading session after the company announced plans to sell its Save-A-Lot business for $1.365 billion to Onex.
- Trade Desk Inc (NASDAQ: TTD) shares rose 3.5 percent to $27.27 in pre-market trading. RBC Capital initiated coverage on Trade Desk with an Outperform rating, while Jefferies and Needham initiated coverage on the stock with a Buy rating.
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Losers
- PTC Therapeutics, Inc. (NASDAQ: PTCT) shares fell 23.8 percent to $10.11 in pre-market trading after the company reported a regulatory update on Translarna for nonsense mutation DMD.
- Pearson PLC (ADR) (NYSE: PSO) shares fell 9.1 percent to $9.18 in pre-market trading.
- Skypeople Fruit Juice Inc (NASDAQ: SPU) shares fell 8.6 percent to $7.00 in pre-market trading after declining 3.04 percent on Friday.
- Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL) fell 5.9 percent to $14.60 in pre-market trading after dropping 1.52 percent on Friday.
- Pandora Media Inc (NYSE: P) shares fell 4.5 percent to $12.25 in pre-market trading. Bank of America downgraded Pandora from Neutral to Underperform.
- Seattle Genetics, Inc. (NASDAQ: SGEN) shares fell 4.1 percent to $48.26 in the pre-market trading session after declining 3.79 percent on Friday.
- Wynn Resorts, Limited (NASDAQ: WYNN) shares fell 3.2 percent to $90.40 in pre-market trading after dropping 1.66 percent on Friday.
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