Market Overview

12 Stocks Moving In Friday's Pre-Market Session

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Gainers

Symantec Corporation (NASDAQ: SYMC) shares rose 11.05 percent to $21.30 in pre-market trading after the company reported stronger-than-expected results for its third quarter and announced a $500 million strategic investment by Silver Lake Partners. Symantec reported a $2.3 billion share buyback program and announced plans to pay a special dividend of $4 per share.

Tyson Foods, Inc. (NYSE: TSN) shares rose 4.45 percent to $54.25 in pre-market trading. Tyson reported better-than-expected earnings for the first quarter, but the company missed analysts’ sales estimates. The company also issued a mixed forecast for the full year.

Glu Mobile Inc. (NASDAQ: GLUU) shares rose 3 percent to $2.75 in the pre-market trading session. Benchmark upgraded Glu Mobile from Hold to Buy.

Whole Foods Market, Inc. (NASDAQ: WFM) shares rose 1.51 percent to $29.64 in pre-market trading. Longbow Research upgraded Whole Foods Market from Underperform to Neutral.


Losers

LinkedIn Corp (NYSE: LNKD) fell 32.42 percent to $132.10 in pre-market trading. LinkedIn reported better-than-expected results for its fourth quarter, but the company issued a weak forecast for the first quarter.

Sierra Wireless, Inc. (USA) (NASDAQ: SWIR) shares fell 21.72 percent to $11.50 in pre-market trading after the company reported downbeat Q4 results and issued a weak Q1 forecast.

Outerwall Inc (NASDAQ: OUTR) shares fell 21.02 percent to $25.82 in pre-market trading after the company reported Q4 results.

Deckers Outdoor Corp (NYSE: DECK) shares fell 11.66 percent to $43.10 in pre-market trading after the company reported downbeat quarterly sales and lowered its forecast for the current quarter.

Quotient Ltd (NASDAQ: QTNT) shares fell 10.68 percent to $9.20 in pre-market trading after the company priced 4.44 million share offering at $9.00 per share.

Hanesbrands Inc. (NYSE: HBI) fell 10.26 percent to $26.38 in pre-market trading after the company reported downbeat quarterly results.

Hess Corp. (NYSE: HES) shares fell 10.05 percent to $39.10 in the pre-market trading after the company priced 25 million share offering at $39.00 per share.

Lions Gate Entertainment Corp. (USA) (NYSE: LGF) shares fell 6.68 percent to $23.75 in the pre-market trading after the company reported downbeat results for its fiscal third quarter on Thursday.

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

 

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