Market Overview

18 Stocks Moving In Thursday's Pre-Market Session

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Gainers

  • Globalstar, Inc. (NYSE: GSAT) rose 22.5 percent to $1.80 in pre-market trading following a report that a revised draft order that was circulated to FCC Commissioners last week has picked up votes from FCC Chairman and two Commissioners.
  • Albireo Pharma, Inc. (NASDAQ: ALBO) rose 18.4 percent to $22.00 in pre-market trading after dropping 7.33 percent on Wednesday.
  • XOMA Corporation (NASDAQ: XOMA) shares rose 16.4 percent to $6.40 in pre-market trading after the company reported the sale of royalty streams to HealthCare Royalty Partners for $18 million up front and $4 million in milestone payments.
  • Professional Diversity Network Inc (NASDAQ: IPDN) shares rose 15.1 percent to $10.88 in pre-market trading after gaining 7.63 percent on Wednesday.
  • Cemtrex Inc (NASDAQ: CETX) shares rose 14.1 percent to $5.49 in pre-market trading as the company posted strong FY 2016 results.
  • Vericel Corp (NASDAQ: VCEL) shares rose 13.8 percent to $3.30 in pre-market trading. Vericel reported the closing of its $20 million offering of common stock.
  • Micron Technology, Inc. (NASDAQ: MU) shares rose 11.8 percent to $23.02 in pre-market trading after the company reported better-than-expected profit for its first quarter and issued a strong forecast for the current quarter.
  • Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) shares rose 9.5 percent to $2.20 in pre-market trading after surging 21.08 percent on Wednesday.
  • Intra-Cellular Therapies Inc (NASDAQ: ITCI) rose 3.5 percent to $15.57 in pre-market trading after declining 2.90 percent on Wednesday.
  • Western Digital Corp (NASDAQ: WDC) rose 2.6 percent to $71.00 in pre-market trading after gaining 0.39 percent on Wednesday.

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

Losers

  • OvaScience Inc (NASDAQ: OVAS) fell 30 percent to $2.08 in pre-market trading after the company announced plans to reduce workforce by 30 percent and disclosed that its CEO Harald Stock is stepping down.
  • Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) shares fell 17.3 percent to $2.25 in pre-market trading after the company reported a US$25.0 million bought deal financing.
  • Red Hat Inc (NYSE: RHT) shares fell 11.6 percent to $70.50 in pre-market trading. Red Hat reported upbeat earnings for its third quarter, but sales missed expectations. The company also announced that its CFO Frank Calderoni is stepping down.
  • Mechel PAO (ADR) (NYSE: MTL) fell 4.8 percent to $5.81 in pre-market trading after declining 1.29 percent on Wednesday.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) fell 3.4 percent to $44.00 in pre-market trading after the company reported weaker-than-expected results for its third quarter on Wednesday.
  • LivePerson, Inc. (NASDAQ: LPSN) shares fell 3.2 percent to $7.50 in pre-market trading after declining 6.06 percent on Wednesday.
  • Fred's, Inc. (NASDAQ: FRED) shares fell 3.1 percent to $19.71 in pre-market trading after rising 0.79 percent on Wednesday.
  • Finish Line Inc (NASDAQ: FINL) shares fell 3 percent to $20.38 in pre-market trading. Bank of America downgraded Finish Line from Buy to Neutral, while Canaccord Genuity downgraded the stock from Buy to Hold.

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

 

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