18 Stocks Moving In Wednesday's Pre-Market Session

Gainers

• Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) rose 19.7 percent to $4.80 in pre-market trading after the company posted in-line Q2 loss.
• ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) shares rose 11.7 percent to $33.00 in pre-market trading as the company reported a narrower-than-expected Q2 loss.
• Yandex NV (NASDAQ:YNDX) rose 4.1 percent to $31.05 in pre-market trading. Yandex and Sberbank have signed a non-binding term sheet to form a joint venture based on the Yandex.Market platform.
• Array Biopharma Inc (NASDAQ:ARRY) gained 3.2 percent to $8.15 as the company reported strong quarterly results.
• Wendys Co (NASDAQ:WEN) shares rose 2.9 percent to $15.66 in pre-market trading after the company posted better-than-expected quarterly results.

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Losers

• Fossil Group Inc (NASDAQ:FOSL) shares fell 23.1 percent to $9.11 in pre-market trading after the company posted a loss for the second quarter and announced the resignation of its CFO Dennis Scor.
• Surgery Partners Inc (NASDAQ:SGRY) shares fell 10 percent to $17.25 in pre-market trading. Surgery Partners reported a Q2 loss of $0.09 per share on revenue of $288.4 million. Stifel Nicolaus downgraded Surgery Partners from Hold to Sell, while Raymond James downgraded the stock from Strong Buy to Market Perform.
• Mylan N.V. (NASDAQ:MYL) fell 9.6 percent to $28.75 in pre-market trading after the company posted downbeat Q2 results and issued a weak FY17 outlook.
• Tripadvisor Inc (NASDAQ:TRIP) fell 7.7 percent to $36.50 in pre-market trading after the company posted results for its second quarter.
• Priceline Group Inc (NASDAQ:PCLN) shares fell 7.1 percent to $1,903.00 in pre-market trading. Priceline reported better-than-expected earnings for its second quarter, but issued a weak outlook for the current quarter.
• Office Depot Inc (NASDAQ:ODP) shares fell 5.1 percent to $5.80 in pre-market trading as the company posted downbeat Q2 earnings.
• PRA Health Sciences Inc (NASDAQ:PRAH) fell 5 percent to $75.25 in pre-market trading after the company priced its 10 million share secondary offering.
• Lumentum Holdings Inc (NASDAQ:LITE) fell 4.6 percent to $56.50 in pre-market trading following Q4 results.
• Synchronoss Technologies, Inc. (NASDAQ:SNCR) fell 4.4 percent to $15.88 after rising 2.53 percent on Tuesday.
• Walt Disney Co (NYSE:DIS) fell 3.7 percent to $103.00 in pre-market trading after the company reported a third-quarter earnings beat after Tuesday's close, but missed on sales estimates. Disney announced it was buying a majority $1.58 billion stake in BAMTech, the MLB Advanced Media service it initially took a $1 billion stake in last year. In 2018, Disney will also launch its own ESPN streaming service powered by BAMTech, which could help curb fears that cord-cutting would be the ultimate demise of the sports news leader.
• Ceragon Networks Ltd (NASDAQ:CRNT) fell 3.7 percent to $2.07 in pre-market trading after dropping 5.70 percent on Tuesday.
• Netflix, Inc. (NASDAQ:NFLX) fell 3.6 percent to $172.06 in pre-market trading. Disney announced it will end its deal with Netflix and launch its own Disney-branded service.
• Monster Beverage Corporation (NASDAQ:MNST) shares fell 2.5 percent to $51.30 in pre-market trading. Monster Beverage posted downbeat earnings for its second quarter, but sales exceeded estimates.