18 Stocks Moving In Wednesday's Pre-Market Session

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Gainers

  • AveXis Inc AVXS shares rose 14.3 percent to $54.87 in pre-market trading after the company disclosed a single-arm design for its pivotal study of AVXS-101 in SMA Type 1 patients.
  • Oclaro, Inc. OCLR shares rose 12.4 percent to $8.25 in pre-market trading after the company posted strong quarterly results
  • Criteo SA (ADR) CRTO rose 9.2 percent to $39.99 in pre-market trading after reporting upbeat quarterly earnings.
  • Brocade Communications Systems, Inc. BRCD rose 8.9 percent to $12.24 in pre-market trading following announcement of acquisition by Broadcom Ltd AVGO for $12.75 per share.
  • Inphi Corporation IPHI shares rose 7 percent to $40.50 in pre-market trading. Inphi reported Q3 non-GAAP earnings of $0.21 per share on revenue of $70.7 million. The company agreed to acquire ClariPhy Communications, Inc., for $275 million in cash.
  • Concordia International Corp CXRX rose 6.8 percent to $3.60 in pre-market trading after the company named Allan Oberman as its new CEO and appointed Jordan Kupinsky as Chairman.
  • Electronic Arts Inc. EA rose 6 percent to $82.50 in pre-market trading after the company raised its forecast for the full year. The company also posted upbeat results for second quarter.
  • Omeros Corporation OMER rose 5.1 percent to $8.73 in pre-market trading after the company reported positive data from Phase 2 clinical trial evaluating PPAR-gamma agonist in heroin users treated with buprenorphine/naloxone.
  • Office Depot Inc ODP rose 5 percent to $3.20 in the pre-market trading session on better-than-expected quarterly earnings.
  • Square Inc SQ rose 4.9 percent to $11.61 in the pre-market trading after the company reported robust Q3 2016 results and raised FY16 guidance.

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Losers

  • Adeptus Health Inc ADPT shares fell 51.6 percent to $13.00 in pre-market trading after the company posted downbeat quarterly results and lowered its FY16 EBITDA outlook.
  • DexCom, Inc. DXCM fell 18.2 percent to $63.75 in pre-market trading. DexCom reported a Q3 loss of $18.8 million on revenue of $148.6 million.
  • DHT Holdings Inc DHT shares fell 15.1 percent to $3.38 in pre-market trading. DHT Holdings reported a Q3 loss of $0.81 per share on revenue of $50.3 million.
  • Cempra Inc CEMP shares fell 14 percent to $16.05 in the pre-market trading session after gaining 2.90 percent on Tuesday.
  • Tableau Software Inc DATA shares fell 11.1 percent to $44.00 in pre-market trading. Tableau Software posted weaker-than-expected quarterly results and announced a $200 million stock buyback plan.
  • United States Steel Corporation X shares fell 7.5 percent to $17.30 in pre-market trading after the company reported downbeat results for its third quarter and issued a weak forecast for the full year.
  • RedHill Biopharma Ltd - ADR RDHL shares fell 6.9 percent to $10.88 in pre-market trading after the company reported a proposed public offering of its American Depository Shares.
  • Paycom Software Inc PAYC fell 6.6 percent to $48.58 in pre-market trading. Paycom reported Q3 non-GAAP earnings of $0.15 per share on revenue of $77.3 million.
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