Market Overview

9 Stocks Moving In Friday's Pre-Market Session

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Gainers

8x8, Inc. (NASDAQ: EGHT) shares rose 12.63 percent to $12.57 in pre-market trading after the company reported better-than-expected Q3 results.

Ballard Power Systems Inc. (USA) (NASDAQ: BLDP) shares rose 10.57 percent to $1.36 in the pre-market trading session after the company reported a $12 million agreement for fuel cell stacks to power commercial buses in China.

Yandex NV (NASDAQ: YNDX) rose 6.16 percent to $12.93 in the pre-market trading session after gaining 3.22 percent on Thursday.

XenoPort, Inc. (NASDAQ: XNPT) shares rose 5.64 percent to $5.06 in pre-market trading. Xenoport is said to be in the early stages of exploring a potential sale, according to sources as reported by Reuters on Thursday.

Ericsson (ADR) (NASDAQ: ERIC) shares rose 5.35 percent to $9.25 in pre-market trading after dropping 0.23 percent on Thursday.

Losers

Starbucks Corporation (NASDAQ: SBUX) shares fell 2.59 percent to $57.50 in pre-market trading. Starbucks reported better-than-expected earnings for its fiscal first quarter. However, the company issued a weak outlook for earnings.

American Express Company (NYSE: AXP) fell 5.24 percent to $59.36 in pre-market trading. American Express reported upbeat earnings for its fourth quarter. Chairman and CEO Kenneth I. Chenault indicated he plans to cut at least $1 billion from the company's cost base by "moving aggressively to streamline the company and drive efficiencies."

Signature Bank (NASDAQ: SBNY) shares fell 1.03 percent to $137.66 in the pre-market trading. Signature Bank priced its 2.2 million share offering at $136 per share.

General Electric Company (NYSE: GE) fell 1.01 percent to $28.30 in the pre-market trading session. General Electric reported upbeat earnings for its fourth quarter. However, industrial profit declined 8 percent in the quarter.

Posted-In: Pre Market Gainers Pre Market LosersNews Movers & Shakers Pre-Market Outlook Markets Movers

 

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