Market Overview

25 Stocks Moving In Wednesday's Pre-Market Session

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Gainers

  • GasLog Ltd (NYSE: GLOG) rose 17.8 percent to $15.85 in pre-market trading after declining 0.37 percent on Tuesday.
  • Array Biopharma Inc (NASDAQ: ARRY) shares rose 15.1 percent to $8.08 in pre-market trading after the company reported reports positive top-line results from part 2 of Phase 3 study of binimetinib and encorafenib.
  • Abercrombie & Fitch Co. (NYSE: ANF) shares rose 14.4 percent to $14.50 in pre-market trading. Abercrombie & Fitch is said to be working with Perella Weinberg Partners to handle takeover interest, according to sources as reported by Reuters.
  • Solaredge Technologies Inc (NASDAQ: SEDG) rose 14.2 percent to $18.10 in pre-market trading after reporting upbeat quarterly results.
  • NVIDIA Corporation (NASDAQ: NVDA) rose 11.1 percent to $114.33 in pre-market trading after the company reported better-than-expected results for its first quarter and issued a strong sales forecast for the current quarter.
  • PCM Inc (NASDAQ: PCMI) rose 10.6 percent to $22.00 in pre-market trading after gaining 3.65 percent on Tuesday.
  • Electronic Arts Inc. (NASDAQ: EA) shares rose 9.4 percent to $105.00 in pre-market trading after the company reported better-than-expected earnings for its first quarter on Tuesday.
  • Coty Inc (NYSE: COTY) rose 9.4 percent to $19.50 in pre-market trading after the company posted stronger-than-expected results for its third quarter.
  • Cloudera Inc (NYSE: CLDR) rose 9 percent to $21.85 in pre-market trading after gaining 2.35 percent on Tuesday.
  • Capital Product Partners L.P. (NASDAQ: CPLP) shares rose 8.5 percent to $3.72 in pre-market trading after gaining 1.78 percent on Tuesday.
  • AerCap Holdings N.V. (NYSE: AER) shares rose 8.2 percent to $49.80 in pre-market trading after the company posted upbeat quarterly earnings and announced a $300 million buyback plan.
  • Vericel Corp (NASDAQ: VCEL) rose 7.8 percent to $2.75 in pre-market trading. Vericel reported a Q1 loss of $0.31 per share on revenue of $9.4 million. The company also disclosed that it has received FDA RMAT designation for ixmyelocel-T for the treatment of advanced heart faliure due to ischmeic dilated cardiomyopahy.
  • Crocs, Inc. (NASDAQ: CROX) rose 6.6 percent to $6.61 in pre-market trading. Crocs reported better-than-expected results for its first quarter, but lowered its FY17 outlook.
  • Tripadvisor Inc (NASDAQ: TRIP) shares rose 6.2 percent to $49.82 in pre-market trading. Tripadvisor posted downbeat earnings for its first quarter on Tuesday.

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

Losers

  • Yelp Inc (NYSE: YELP) shares fell 26.8 percent to $25.40 in pre-market trading. Yelp posted a narrower-than-expected loss for its first quarter, but sales missed estimates. The company also lowered its guidance for the year. MKM Partners downgraded Yelp from Buy to Neutral.
  • Fossil Group Inc (NASDAQ: FOSL) fell 21.8 percent to $14.19 in pre-market trading after the company posted downbeat quarterly results and issued a weak outlook for the second quarter.
  • Kornit Digital Ltd (NASDAQ: KRNT) shares fell 15.9 percent to $18.00 in pre-market trading after the company reported downbeat quarterly results.
  • LG Display Co Ltd. (ADR) (NYSE: LPL) fell 14.2 percent to $11.54 in pre-market trading after rising 0.52 percent on Tuesday.
  • Acacia Communications, Inc. (NASDAQ: ACIA) fell 13.2 percent to $42.00 in pre-market trading. Acacia Communications reported upbeat Q1 results, but issued a weak forecast for the current quarter.
  • Silver Spring Networks Inc (NYSE: SSNI) fell 10.4 percent to $10.45 in pre-market trading. Silver Spring Networks reported a Q1 loss of $0.44 per share on revenue of $50.2 million. Pacific Crest downgraded Silver Spring Networks from Overweight to Sector Weight.
  • Cleantech Solutions International Inc (NASDAQ: CLNT) fell 10 percent to $4.90 in pre-market trading after surging 66.67 percent on Tuesday.
  • Opko Health Inc. (NYSE: OPK) fell 9.8 percent to $6.79 in pre-market trading after reporting weak quarterly results.
  • Zayo Group Holdings Inc (NYSE: ZAYO) fell 7.9 percent to $32.25 in pre-market trading. Zayo Group posted upbeat quarterly profit, but sales missed views. JP Morgan downgrades Zayo from Overweight to Neutral.
  • Time Inc (NYSE: TIME) shares fell 6.6 percent to $14.10 in the pre-market trading session as the company reported a wider-than-expected loss for its first quarter and lowered its quarterly dividend from $0.19 per share to $0.04 per share.
  • Priceline Group Inc (NASDAQ: PCLN) fell 3.2 percent to $1,850.00 in pre-market trading. Priceline posted stronger-than-expected earnings for its first quarter, but sales missed views. The company also issued a weak earnings outlook for the second quarter.

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

 

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