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15 Stocks Moving In Friday's Pre-Market Session

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Gainers

Cadiz Inc (NASDAQ: CDZI) rose 22.95 percent to $7.50 in pre-market trading after gaining 4.63 percent on Thursday.

Yelp Inc (NYSE: YELP) shares rose 11.20 percent to $23.82 in pre-market trading as the company reported better-than-expected results for its first quarter and raised its revenue forecast for the year.

Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) shares rose 10.62 percent to $7.08 in the pre-market trading session. Spectrum Pharmaceuticals reported Q1 earnings of $0.01 per share on revenue of $35.2 million.

ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) rose 7.21 percent to $29.00 in pre-market trading. Acadia Pharmaceuticals reported a Q1 loss of $49.8 million on revenue of $4,000.

Activision Blizzard, Inc. (NASDAQ: ATVI) shares rose 6.53 percent to $37.19 in pre-market trading after the company reported better-than-expected Q1 results and issued a strong Q2 outlook.

Air Products & Chemicals, Inc. (NYSE: APD) shares rose 2.30 percent to $146.50 in pre-market trading as the company agreed to sell Performance Materials Division of its Materials Technologies segment to Evonik Industries for $3.8 billion. The company also plans to spin-off its Electronic Materials Division.

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

Losers

KemPharm Inc (NASDAQ: KMPH) shares fell 48.95 percent to $8.00 in pre-market trading. KemPharm issued a statement regarding voting results from the FDA Advisory Committee meeting on KemPharm's Abuse-Deterrent Product Candidate Apadaz.

Endo International plc (NASDAQ: ENDP) shares fell 30.05 percent to $18.60 in pre-market trading. Endo reported upbeat quarterly earnings, but lowered its full-year guidance. RBC Capital downgraded Endo from Outperform to Sector Perform.

Square Inc (NYSE: SQ) fell 16.28 percent to $10.95 in pre-market trading. Square reported a loss of $(0.29) per share and sales of $379 million. Wedbush downgraded Square from Neutral to Underperform.

FireEye Inc (NASDAQ: FEYE) shares fell 11.14 percent to $14.20 in pre-market trading. FireEye posted a quarterly net loss of $(0.47) per share, on revenue of $168 million. The company cut its full-year revenue forecast and named Kevin Mandia as CEO.

GoPro Inc (NASDAQ: GPRO) shares fell 8.87 percent to $9.76 in pre-market trading. GoPro reported a wider-than-expected loss for its first quarter, but the company exceeded analysts' sales estimates.

J C Penney Company Inc (NYSE: JCP) shares fell 5.32 percent to $8.45 in pre-market trading following the NY Post report that the company is taking emergency measures including cutting payroll.

Momo Inc (ADR) (NASDAQ: MOMO) shares fell 5.59 percent to $14.70 in pre-market trading after dropping 5.41 percent on Thursday. Momo is expected to report Q1 results on May 17, 2016.

Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares fell 2.69 percent to $56.04 in pre-market trading. Cognizant reported better-than-expected earnings for its first quarter, but issued a weak guidance for the current quarter.

SunPower Corporation (NASDAQ: SPWR) fell 1.33 percent to $17.00 in pre-market trading as the company reported a wider-than-expected quarterly loss.

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

 

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