Market Overview

12 Stocks Moving In Tuesday's Pre-Market Session

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Gainers

ChemoCentryx Inc (NASDAQ: CCXI) rose 126.76 percent to $4.76 in pre-market trading following announcement of license agreement for CCX168. ChemoCentryx posted a Q1 loss of $0.34 per share.

Stamps.com Inc. (NASDAQ: STMP) shares rose 17.64 percent to $103.92 in pre-market trading after the company reported stronger-than-expected quarterly results.

Sodastream International Ltd (NASDAQ: SODA) shares rose 12.36 percent to $16.55 in the pre-market trading session as the company reported better-than-expected Q1 results.

Health Insurance Innovations Inc (NASDAQ: HIIQ) rose 11.11 percent to $7.00 in pre-market trading. Health Insurance Innovations posted Q1 earnings of $0.17 per share on revenue of $42.5 million.

21Vianet Group Inc (NASDAQ: VNET) shares rose 8.60 percent to $15.40 in pre-market trading after dropping 24.01 percent on Monday. 21Vianet Group is expected to release its Q1 financial results on May 26, 2016.

Momo Inc (ADR) (NASDAQ: MOMO) shares rose 4.97 percent to $12.88 in pre-market trading after tumbling 15.84 percent on Monday.

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Losers

NewLink Genetics Corp (NASDAQ: NLNK) shares fell 34.73 percent to $10.77 in pre-market trading following announcement of failed pancreatic cancer trial.

SolarCity Corp (NASDAQ: SCTY) shares fell 19.19 percent to $18.19 in pre-market trading as the company reported a wider-than-expected loss for its first quarter and issued a weak outlook for its current quarter.

Gap Inc (NYSE: GPS) shares fell 10.59 percent to $19.50 in pre-market trading. Gap reported a 7 percent drop in its same-store sales for April. The company’s total sales declined to $1.12 billion, from $1.21 billion in the year-ago month. Gap also issued a weak forecast for the first quarter.

Infoblox Inc (NYSE: BLOX) fell 10.05 percent to $13.96 in pre-market trading as the company lowered its revenue forecast for the full year.

Solaredge Technologies Inc (NASDAQ: SEDG) shares fell 7.57 percent to $20.88 in pre-market trading. SolarEdge Tech reported Q3 earnings of $0.47 per share on revenue of $125.2 million. The company expected Q4 revenue of $125 million to $134 million. Goldman Sachs downgraded SolarEdge Technologies from Buy to Neutral and lowered the price target from $42.00 to $25.00.

Rackspace Hosting, Inc. (NYSE: RAX) shares fell 3.59 percent to $21.73 in pre-market trading. Rackspace reported better-than-expected earnings for the first quarter, but the company missed analysts’ sales estimates.

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

 

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