18 Stocks Moving In Thursday's Pre-Market Session

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Gainers

  • Cascadian Therapeutics Inc (USA) CASC rose 72.1 percent to $2.10 in pre-market trading after declining 6.87 percent on Wednesday.
  • DragonWave, Inc.(USA) DRWI rose 49.3 percent to $3.30 in pre-market trading after the company disclosed that it has been selected to supply Sprint with microwave backhaul equipment.
  • Fortuna Silver Mines Inc FSM shares rose 9.6 percent to $7.67 in pre-market trading after gaining 3.86 percent on Wednesday.
  • Mattel, Inc. MAT rose 7.1 percent to $32.80 in pre-market trading as the company posted stronger-than-expected revenue for its third quarter on Wednesday.
  • American Express Company AXP shares rose 6.3 percent to $65.10 in pre-market trading after the company reported better-than-expected earnings for its third quarter and raised its 2016 forecast.
  • United Rentals, Inc. URI rose 4.6 percent to $79.02 in the pre-market trading after announcing upbeat quarterly earnings.
  • Kinder Morgan Inc KMI rose 3.5 percent to $21.43 in the pre-market trading session. Kinder Morgan reported a Q3 loss of $227 million. Credit Suisse upgraded Kinder Morgan from Neutral to Outperform and raised the price target from $23.00 to $26.00, while Stifel Nicolaus upgraded the stock from Hold to Buy.
  • Citrix Systems, Inc. CTXS rose 3.4 percent to $89.25 in pre-market trading as the company reported better-than-expected results for its third quarter and issued a strong FY16 forecast.

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

Losers

  • Rigel Pharmaceuticals, Inc. RIGL shares fell 29.5 percent to $2.27 in pre-market trading after the company reported results from the second FIT Phase 3 study for fostamatinib. The company disclosed that the study did not meet primary endpoint.
  • Select Comfort Corp. SCSS shares fell 19 percent to $17.49 in the pre-market trading session after the company reported weaker-than-expected Q3 results and lowered its FY16 earnings outlook.
  • Trueblue Inc TBI shares fell 9.5 percent to $18.10 in pre-market trading after the company reported weak Q3 earnings.
  • Organovo Holdings Inc ONVO shares fell 16.6 percent to $2.91 in pre-market trading after the company reported an offering of common stock.
  • eBay Inc EBAY fell 8.5 percent to $29.76 in pre-market trading. eBay reported upbeat results for its third quarter. However, guidance for the fourth quarter disappointed investors.
  • Puma Biotechnology Inc PBYI shares fell 7.5 percent to $39.50 in pre-market trading. Puma Biotechnology priced its 3.75 million share offering at $40 per share.
  • HTG Molecular Diagnostics Inc HTGM shares fell 4.7 percent to $2.45 in pre-market trading after declining 2.28 percent on Wednesday.
  • IntelliPharmaCeutics Intl Inc (USA) IPCI fell 4.6 percent to $2.73 in pre-market trading after gaining 6.72 percent on Wednesday.
  • Verizon Communications Inc. VZ shares fell 2.8 percent to $48.98 in pre-market trading following mixed results in the third quarter. While adjusted earnings came in above estimates, revenue missed.
  • Tesla Motors Inc TSLA fell 1.8 percent to $200.00 in pre-market trading. Tesla announced that all cars, including the lower priced Model 3 sedan, will feature the necessary hardware for self-driving capabilities.
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Posted In: NewsMovers & ShakersPre-Market OutlookMarketsMovers#PreMarket GainersConsumer DiscretionaryLeisure ProductsLosersTop Gainers
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