Gainers
Etsy Inc ETSY shares rose 13.67 percent to $8.40 in pre-market trading. Etsy reported a Q4 net loss of $(0.04) per share, $0.04 below consensus, on revenue of $87.9 million, which came in ahead of expectations for $85.85 million. Adjusted earnings before interest, taxes, depreciation and amortization, which came in at $14 million, above estimates of $12.4 million.
Dreamworks Animation Skg Inc DWA shares rose 9.69 percent to $23.10 in the pre-market trading session after the company reported stronger-than-expected results for the fourth quarter on Tuesday.
First Solar, Inc. FSLR shares rose 4.22 percent to $64.40 in the pre-market trading session after the company reported upbeat results for its fourth quarter on Tuesday.
Chesapeake Energy Corporation CHK shares rose 5.02 percent to $2.30 in pre-market trading after the company reported a narrower-than-expected Q4 loss.
Losers
New York Mortgage Trust Inc NYMT shares fell 18.70 percent to $4.13 in pre-market trading on Q4 results. New York Mortgage Trust reported Q4 earnings of $0.01 per share.
Dycom Industries, Inc. DY shares fell 14.42 percent to $51.00 in pre-market trading after the company reported weaker-than-expected earnings for its second quarter. Management announced that the company’s Board of Directors approved an additional $50 million to repurchase shares, and that Eitan Gertel was appointed as a director.
Avis Budget Group Inc. CAR shares fell 14.17 percent to $25.74 in pre-market trading after the company reported downbeat quarterly revenue and issued a weak FY16 earnings outlook.
GoPro Inc GPRO shares fell 3.39 percent to $11.70 in pre-market trading after dropping 5.83 percent on Tuesday.
Lowe's Companies, Inc. LOW shares fell 3.36 percent to $65.50 in pre-market trading. Lowe's reported in-line earnings for the fourth quarter. However, the company’s revenue exceeded analysts’ estimates.
Groupon Inc GRPN fell 3.08 percent to $4.09 in pre-market trading after declining 2.09 percent on Tuesday.
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