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KLA-Tencor Corp (NASDAQ: KLAC) shares climbed 15.58 percent to $62.25 in pre-market trading. Lam Research Corporation (NASDAQ: LRCX) announced its plans to buy KLA-Tencor in a $10.6 billion deal. KLA-Tencor also reported upbeat quarterly earnings.

Biogen Inc (NASDAQ: BIIB) shares rose 6.84 percent to $284.00 in pre-market trading after the company reported upbeat quarterly results and announced plans to lower 11 percent of global workforce.

ARM Holdings plc (ADR) (NASDAQ: ARMH) shares surged 6.77 percent to $47.80 in pre-market trading on strong Q3 processor royalty revenue.

SanDisk Corporation (NASDAQ: SNDK) gained 4.81 percent to $78.81 in pre-market trading after the company agreed to be acquired by Western Digital Corp (NASDAQ: WDC) for 19 billion.

Energy Recovery, Inc. (NASDAQ: ERII) shares rose 4.64 percent to $7.66 in pre-market trading after jumping 197.56 percent on Tuesday.

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

 

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