Gainers
- Pieris Pharmaceuticals Inc (NASDAQ:PIRS) rose 54.6 percent to $3.71 in pre-market trading after the company reported a collaboration with AstraZeneca to develop and commercialize Anticalin-based inhaled treatments for respiratory diseases.
- Straight Path Communications Inc (NYSE:STRP) rose 19.2 percent to $150.00 in pre-market trading. Straight Path reported that an all-stock takeover for $135.96/share from a multi-national telecommunications company is a superior offer to AT&T's.
- FireEye Inc (NASDAQ:FEYE) shares rose 16.7 percent to $14.25 in pre-market trading after the company posted stronger-than-expected Q1 results.
- Weight Watchers International, Inc. (NYSE:WTW) shares rose 14.1 percent to $24.17 in pre-market trading after the company posted upbeat Q1 results and raised its FY17 earnings guidance.
- Microvision, Inc. (NASDAQ:MVIS) rose 11.5 percent to $2.42 in pre-market trading after gaining 2.84 percent on Tuesday.
- First Solar, Inc. (NASDAQ:FSLR) rose 8.3 percent to $32.85 in pre-market trading after the company reported strong quarterly results and raised its FY17 outlook. Axiom Capital upgraded First Solar from Sell to Hold.
- Globalstar, Inc. (NYSE:GSAT) rose 6.3 percent to $2.02 in pre-market trading after dropping 2.56 percent on Tuesday.
- Citrix Systems, Inc. (NASDAQ:CTXS) rose 6.2 percent to $86.35 in pre-market trading. Bain Capital, Carlyle Group and Thoma Bravo are among bidders for Citrix, Bloomberg reported.
- Novo Nordisk A/S (ADR) (NYSE:NVO) rose 6.2 percent to $41.34 in pre-market trading after strong quarterly profit.
- ICICI Bank Ltd (ADR) (NYSE:IBN) shares rose 6.1 percent to $9.00 in pre-market trading after slipping 1.05 percent on Tuesday.
- Array Biopharma Inc (NASDAQ:ARRY) rose 4.5 percent to $7.69 in pre-market trading. JP Morgan upgraded Array BioPharma from Neutral to Overweight.
- Quad/Graphics, Inc. (NYSE:QUAD) rose 4.2 percent to $27.70 in pre-market trading as the company posted upbeat earnings for its first quarter.
- Mondelez International Inc (NASDAQ:MDLZ) shares rose 3.8 percent to $45.40 in pre-market trading after the company reported better-than-expected earnings for its first quarter.
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Losers
- Twilio Inc (NYSE:TWLO) fell 31.5 percent to $23.25 in pre-market trading. Twilio posted better-than-expected results for its first quarter, but issued a weak forecast for the year.
- Etsy Inc (NASDAQ:ETSY) fell 17 percent to $9.45 in pre-market trading after the company posted downbeat Q1 earnings and announced plans to cut 8 percent of its workforce.. The company also announced that its CEO Chad Dickerson would step down.
- Akamai Technologies, Inc. (NASDAQ:AKAM) shares fell 16.1 percent to $52.47 in pre-market trading. Akamai posted upbeat quarterly results, but issued a weak sales forecast for the current quarter. Wells Fargo downgraded Akamai Technologies from Outperform to Market Perform, while SunTrust Robinson Humphrey downgraded the stock from Buy to Hold.
- Lannett Company, Inc. (NYSE:LCI) shares fell 15 percent to $23.10 in the pre-market trading session after reporting downbeat Q3 results.
- Potbelly Corp (NASDAQ:PBPB) fell 14.1 percent to $11.90 in pre-market trading. Potbelly posted in-line quarterly earnings, while sales missed estimates. The company also issued a weak earnings forecast for FY17. William Blair downgraded Potbelly from Outperform to Market Perform.
- Cray Inc. (NASDAQ:CRAY) fell 13 percent to $16.15 in pre-market trading after the company posted a wider-than-expected quarterly loss.
- Oclaro, Inc. (NASDAQ:OCLR) shares fell 9.4 percent to $7.42 in pre-market trading. Oclaro posted better-than-expected Q3 results, but issued a weak sales forecast for the current quarter..
- Verisk Analytics, Inc. (NASDAQ:VRSK) shares fell 8.8 percent to $75.00 in pre-market trading on weak Q1 results. JP Morgan downgraded Verisk Analytics from Overweight to Neutral.
- Lumentum Holdings Inc (NASDAQ:LITE) fell 5 percent to $40.60 in pre-market trading after dropping 2.17 percent on Tuesday.
- Perrigo Company plc (NYSE:PRGO) fell 3.4 percent to $73.68 in pre-market trading after gaining 2.94 percent on Tuesday.
- Gilead Sciences, Inc. (NASDAQ:GILD) fell around 2 percent to $67.40 in pre-market trading after the company posted downbeat earnings for its first quarter.
- Apple Inc. (NASDAQ:AAPL) fell 1.5 percent to $145.51 in pre-market trading. Apple posted upbeat earnings for its second quarter and announced a $50 billion buyback plan. iPhone unit sales dropped 1 percent year-over-year in the quarter, while iPad unit sales declined 13percent year-over-year.
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