Market Overview

20 Stocks Moving In Wednesday's Pre-Market Session

Share:


Gainers

  • Cesca Therapeutics Inc (NASDAQ: KOOL) shares rose 45 percent to $6.45 in pre-market trading after the company reported promising results from 40-month follow-up of patients enrolled in critical limb ischemia feasibility study.
  • Sizmek Inc (NASDAQ: SZMK) rose 42.1 percent to $3.78 in pre-market trading after the company agreed to be acquired by Vector Capital for $3.90 per share in cash. Sizmek posted a Q2 loss of $0.04 per share on revenue of $48.9 million.
  • Genworth Financial Inc (NYSE: GNW) rose 19.3 percent to $3.28 in the pre-market trading session after the company reported stronger-than-expected second-quarter profit.
  • Zagg Inc (NASDAQ: ZAGG) rose 12.4 percent to $7.15 in pre-market trading as the company posted upbeat Q2 results.
  • Oclaro, Inc. (NASDAQ: OCLR) rose 11.9 percent to $6.20 in pre-market trading after the company reported better-than-expected Q4 results and issued a strong Q1 sales forecast.
  • BofI Holding, Inc. (NASDAQ: BOFI) rose 8.5 percent to $16.65 in pre-market trading after the company reported in-line Q4 earnings.
  • Fitbit Inc (NYSE: FIT) shares rose 7.5 percent to $14.14 in pre-market trading as the company posted stronger-than-expected results for its second quarter on Tuesday.
  • Zoetis Inc (NYSE: ZTS) rose 5 percent to $52.20 on upbeat Q2 results.
  • Etsy Inc (NASDAQ: ETSY) shares rose 4.6 percent to $13.30 in pre-market trading following quarterly results. Revenues came in above Wall Street consensus expectations, sending shares higher. The company raised guidance for FY16 revenue growth to 25-28 percent, up from 20-25 percent prior guidance.
  • Zynga Inc (NASDAQ: ZNGA) shares rose 4.6 percent to $2.98 in pre-market trading. Cowen & Company upgraded Zynga from Market Perform to Outperform.
  • American International Group Inc (NYSE: AIG) shares rose 3.5 percent to $56.04 in pre-market trading after the company reported stronger-than-expected profit for its recent quarter.
  • Time Warner Inc (NYSE: TWX) rose 3.5 percent to $78.40. Time Warner posted upbeat quarterly earnings and increased its FY16 earnings guidance. The company also announced plans to but 10 percent stake in Hulu.

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

Losers

  • Cray Inc. (NASDAQ: CRAY) fell 18.5 percent to $25.48 in pre-market trading after the company posted a wider-than-expected quarterly loss and issued a weak sales outlook.
  • Crocs, Inc. (NASDAQ: CROX) shares fell 10 percent to $9.90 in the pre-market trading session after the company disappointed investors by reporting less than expected revenue for the second quarter. Its outlook for the third quarter also failed to meet the estimations.
  • Glu Mobile Inc. (NASDAQ: GLUU) fell 9.6 percent to $2.07 in pre-market trading after the company lowered its outlook for the year.
  • Qorvo Inc (NASDAQ: QRVO) shares fell 7.5 percent to $56.87 in pre-market trading following Q2 results. Qorvo posted upbeat results for the latest quarter.
  • Hanesbrands Inc. (NYSE: HBI) fell 6 percent to $24.10 in pre-market trading following downbeat Q2 results.
  • Beacon Roofing Supply, Inc. (NASDAQ: BECN) shares fell 5.7 percent to $43.75 in pre-market trading. Beacon Roofing reported upbeat earnings for its third quarter on Tuesday.
  • Electronic Arts Inc. (NASDAQ: EA) shares fell 2.3 percent to $75.00 in pre-market trading. Electronic Arts reported better-than-expected earnings for its first quarter, but the company issued a weak revenue forecast for the current quarter.
  • Western Digital Corp (NASDAQ: WDC) shares fell 2.3 percent to $44.00 in pre-market trading. Goldman Sachs downgraded Western Digital from Neutral to Sell and lowered the price target from $47.00 to $38.00.

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

 

Related Articles (BECN + AIG)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Fallen Angel ETF Still Angelic As Oil Prices Slump

U.S. Dollar Index Higher, ADP Payrolls Improve