Market Overview

10 Stocks Moving In Wednesday's Pre-Market Session

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Gainers

Chesapeake Energy Corporation (NYSE: CHK) shares rose 4.31 percent to $4.36 in pre-market trading after declining 4.79 percent on Tuesday.

Oracle Corporation (NYSE: ORCL) shares gained 3.77 percent to $40.20 in pre-market trading. Oracle reported better-than-expected earnings for its fiscal third quarter, but the company missed analysts' sales estimates. The company also announced a $10 billion increase in its stock buyback program.

Kinder Morgan Inc (NYSE: KMI) shares rose 1.55 percent to $18.35 in pre-market trading after falling 3.58 percent on Tuesday.

Expedia Inc (NASDAQ: EXPE) shares gained 1.22 percent to $117.69 in pre-market trading after dropping 0.10 percent on Tuesday.

Kellogg Company (NYSE: K) rose 0.55 percent to $75.50 in pre-market trading. Goldman Sachs upgraded Kellogg from Sell to Neutral.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Losers

Peabody Energy Corporation (NYSE: BTU) shares fell 37.58 percent to $2.50 in pre-market trading as the company said it may need to voluntarily seek protection under Chapter 11 of U.S. Bankruptcy Code.

Sunedison Inc (NYSE: SUNE) shares fell 16.99 percent to $1.71 in pre-market trading as the company further delayed its 10K filing.

TerraForm Power Inc (NASDAQ: TERP) shares fell 14.98 percent to $8.97 in pre-market trading as the company further delayed its 10K filing.

Chipotle Mexican Grill, Inc. (NYSE: CMG) shares fell 5.53 percent to $475.00 in pre-market trading. Chipotle reported a 26.1 percent drop in same-store sales for February, versus a 36.4 percent decline in January. The company projected a Q1 loss of $1 or more per share.

CyrusOne Inc (NASDAQ: CONE) shares fell 3.48 percent to $38.50 in pre-market trading after the company reported a 5.5 million share offering. CME Group announced a deal to sell suburban Chicago data center in Aurora, Illinois to CyrusOne for $130 million.

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

 

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