12 Stocks Moving In Tuesday's Pre-Market Session
Synergy Pharmaceuticals Inc (NASDAQ: SGYP) shares rose 11.11 percent to $3.70 in pre-market trading after the company reported the NDA acceptance for Plecanatide by the FDA.
Harley-Davidson Inc (NYSE: HOG) rose 5.86 percent to $49.70 in pre-market trading after the company reported better-than-expected Q1 earnings.
SolarCity Corp (NASDAQ: SCTY) shares rose 3.97 percent to $31.45 in pre-market trading after gaining 4.17 percent on Monday.
Tile Shop Hldgs, Inc. (NASDAQ: TTS) rose 3.76 percent to $16.55 in pre-market trading after the company reported stronger-than-expected Q1 earnings and raised its FY forecast.
UnitedHealth Group Inc (NYSE: UNH) rose 1.96 percent to $130.32 in pre-market trading after the company reported upbeat quarterly earnings and lifted its FY outlook.
Spirit Airlines Incorporated (NASDAQ: SAVE) shares rose 1.90 percent to $51.00 in pre-market trading following an update to its first quarter guidance. Spirit Airlines updated its operating margin guidance for the quarter to approximately 21.5 percent, up from a previous guidance range of 19.0 to 20.5 percent.
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Applied Optoelectronics Inc (NASDAQ: AAOI) shares fell 20.98 percent to $12.73 in pre-market trading after the company reported preliminary first quarter results which mostly fell short of prior guidance. Applied Optoelectronics now expects to lose $0.04 to $0.06 per share on revenue $50 million to $50.5 million. The company previously guided its earnings per share to a range of $0.21 to $0.28 on revenue of $50 million to $54 million.
Illumina, Inc. (NASDAQ: ILMN) shares fell 18.04 percent to $145.99 in pre-market trading after the company issued a weak revenue forecast for the first quarter. Bank of America downgraded Illumina from Buy to Neutral.
Rambus Inc. (NASDAQ: RMBS) shares fell 13.80 percent to $11.87 in pre-market trading. Rambus reported upbeat earnings for the first quarter, but the company issued a weak revenue forecast for the second quarter.
Netflix, Inc. (NASDAQ: NFLX) shares fell 8.97 percent to $98.68 in pre-market trading. Netflix reported better-than-expected earnings for the first quarter, but the company missed analysts’ sales estimates. The company also issued a weak guidance for the second quarter.
International Business Machines Corp. (NYSE: IBM) shares fell 4.53 percent to $145.69 in pre-market trading. IBM reported stronger-than-expected results for its first quarter on Monday.
eBay Inc (NASDAQ: EBAY) shares fell 3.20 percent to $24.50 in pre-market trading. Morgan Stanley downgraded eBay from Equal-weight to Underweight and lowered the price target from $24.00 to $22.50.
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