Market Overview

18 Stocks Moving In Wednesday's Pre-Market Session

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Gainers

  • CoLucid Pharmaceuticals Inc (NASDAQ: CLCD) shares rose 32.4 percent to $46.20 in pre-market trading after the company agreed to be acquired by Eli Lilly and Co (NYSE: LLY) for $46.50 per share in cash.
  • Apricus Biosciences Inc (NASDAQ: APRI) rose 22.7 percent to $1.84 in pre-market trading after the company reported the approval of Vitaros in Mexico to treat erectile dysfunction.
  • Shiloh Industries, Inc. (NASDAQ: SHLO) shares rose 15.5 percent to $9.00 in pre-market trading. Shiloh reported Q4 adjusted earnings of $0.50 per share on revenue of $281.7 million.
  • Ceragon Networks Ltd (NASDAQ: CRNT) shares rose 13.6 percent to $3.85 in pre-market trading. Ceragon reported 2017 orders of over $60 million so far for its IP-20 Platform.
  • Cellect Biotechnology Ltd. - American Depositary Shares (NASDAQ: APOP) rose 8 percent to $3.90 in pre-market trading after dropping 17.01 percent on Tuesday.
  • Smith Micro Software, Inc. (NASDAQ: SMSI) rose 9.5 percent to $2.19 in pre-market trading after surging 16.28 percent on Tuesday.
  • ADTRAN, Inc. (NASDAQ: ADTN) shares rose 5.5 percent to $23.80 in pre-market trading after the company posted upbeat results for its fourth quarter.
  • AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) shares rose 5.2 percent to $3.05 in pre-market trading after surging 13.73 percent on Tuesday.
  • Jazz Pharmaceuticals plc (NASDAQ: JAZZ) shares rose 4.5 percent to $120.73 in pre-market trading after the company disclosed that first patient has been enrolled in its Phase 3 clinical trial evaluating defibrotide.
  • ASML Holding NV (ADR) (NASDAQ: ASML) rose 4.4 percent to $120.96 in pre-market trading after the company posted strong Q4 results.

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Losers

  • Pearson PLC (ADR) (NYSE: PSO) shares fell 29.1 percent to $7.08 in the pre-market trading session after the company lowered its profit forecast for the year and cut its dividend.
  • Gigamon Inc (NYSE: GIMO) fell 20.8 percent to $34.90 in pre-market trading after the company lowered its Q4 earnings guidance.
  • EnteroMedics Inc (NASDAQ: ETRM) shares fell 16.3 percent to $7.45 in pre-market trading after the company’s filing showed increased maximum aggregate offering of Class A Units and Class B units by $1.75 million.
  • Cameco Corp (USA) (NYSE: CCJ) fell 8.7 percent to $12.11 in pre-market trading. Cameco projects to post loss for 2016 and announced plans to cut 10 percent of its workforce.
  • Neurocrine Biosciences, Inc. (NASDAQ: NBIX) fell 5.4 percent to $38.00 in pre-market trading following news that pre-specified primary endpoint at week 8 was not met.
  • Target Corporation (NYSE: TGT) fell 4.2 percent to $68.01 in pre-market trading after the company lowered its sales and profit guidance for fourth quarter. The company’s same-store sales dropped 1.3 percent in the November to December holiday period.
  • CSX Corporation (NYSE: CSX) shares fell 3.5 percent to $36.76 in pre-market trading. CSX reported Q4 earnings of $0.49 per share on revenue of $3.037 billion.
  • Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) shares fell 3.5 percent to $5.60 in pre-market trading after rising 0.52 percent on Tuesday.

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

 

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