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Benzinga's Top #PreMarket Gainers

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Shutterfly (NASDAQ: SFLY) shares surged 10.46% to $48.06 in pre-market trading. The rise in the stock may be attributed to unconfirmed report circulating that the company hired Qatalyst to handle a potential sale.

Rackspace Hosting (NYSE: RAX) shares jumped 8.44% to $36.60 in pre-market trading after TechCrunch reported that the company may take itself private.

Constellation Brands (NYSE: STZ) shares gained 6.36% to $94.00 in pre-market trading after the company reported upbeat results for its fiscal first quarter and lifted its FY15 forecast outlook.

DragonWave (NASDAQ: DRWI) shares jumped 6.06% to $2.10 in pre-market trading after dropping 5.71% on Tuesday.

SolarCity (NASDAQ: SCTY) shares gained 3.20% to $73.50 in pre-market trading. Canaccord Genuity initiated coverage on SolarCity with a Buy rating and a $94.00 price target.

Posted-In: PreMarket GainersNews Pre-Market Outlook Markets Movers

 

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