12 Stocks Moving In Wednesday's Pre-Market Session

Gainers

Zillow Group, Inc.- Class C Z rose 13.21 percent to $28.37 in pre-market trading. Zillow reported a wider-than-expected loss for its first quarter, but the company exceeded analysts’ sales estimates. The company also issued a strong guidance for second quarter and full year.

Oclaro, Inc. OCLR rose 6.45 percent to $5.45 in pre-market trading as the company reported upbeat quarterly sales and issued a strong sales forecast.

Shopify Inc SHOP shares rose 6.38 percent to $32.70 in the pre-market trading session as the company reported stronger-than-expected quarterly results and raised its revenue outlook for the full year.

Qiwi PLC QIWI shares rose 4 percent to $11.45 in pre-market trading after declining 4.68 percent on Tuesday.

Medivation Inc MDVN shares rose 4.83 percent to $60.30 in pre-market trading as Reuters reported that Pfizer Inc. PFE has made a takeover approach, according to sources.

CBS Corporation CBS shares rose 2.38 percent to $56.89 in pre-market trading as the company reported better-than-expected earnings for its first quarter on Tuesday.

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

Losers

Glu Mobile Inc. GLUU shares fell 15.36 percent to $2.26 in pre-market trading as the company issued weak forecast for the full year and announced plans to reduce its workforce by around 85.

Relypsa Inc RLYP fell 10.51 percent to $15.50 in pre-market trading as the company reported a $150 million debt financing. Mizuho Securities downgraded Relypsa from Neutral to Underperform.

Priceline Group Inc PCLN shares fell 10.19 percent to $1,217.00 in pre-market trading. Priceline reported better-than-expected Q1 results, but issued a weak profit forecast for the second quarter.

Adamas Pharmaceuticals Inc ADMS shares fell 7.12 percent to $15.00 in pre-market trading after declining 5.00 percent on Tuesday.

Randgold Resources Ltd. (ADR) GOLD shares fell 6.96 percent to $89.00 in pre-market trading on Q1 results. Randgold reported Q1 earnings of $0.58 per share.

Illumina, Inc. ILMN shares fell 4.98 percent to $127.00 in pre-market trading as the company reported downbeat results for its first quarter and issued a weak guidance.

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