Market Overview

25 Stocks Moving In Monday's Pre-Market Session

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Gainers

  • Sorrento Therapeutics Inc (NASDAQ: SRNE) rose 13.5 percent to $2.10 in pre-market trading after the company’s subsidiary Semnur Pharma issued an update on 'successful' Phase 1/2 trial.
  • Store Capital Corp (NYSE: STOR) rose 13.4 percent to $23.55 in pre-market trading after the company announced a $377 million investment from Berkshire Hathaway via 18.6 million share private placement at $20.25 per share.
  • Cobalt International Energy, Inc. (NYSE: CIE) rose 8 percent to $2.57 in pre-market trading after dropping 4.80 percent on Friday.
  • ReneSola Ltd. (ADR) (NYSE: SOL) shares rose 6.9 percent to $2.78 in pre-market trading after gaining 3.17 percent on Friday.
  • Polarityte Inc (NASDAQ: COOL) rose 5.9 percent to $29.57 in pre-market trading after surging 16.09 percent on Friday.
  • Conatus Pharmaceuticals Inc (NASDAQ: CNAT) gained 5.7 percent to $5.39 as the company disclosed that it has been granted Orphan Drug designation for IDN-4314.
  • Teekay Corporation (NYSE: TK) shares rose 5.6 percent to $6.60 in pre-market trading after gaining 8.51 percent on Friday.
  • Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) rose 5.6 percent to $22.80 in pre-market trading. Schnitzer Steel is expected to report quarterly earnings today.
  • Bank of New York Mellon Corp (NYSE: BK) shares rose 5.3 percent to $51.79 in the pre-market trading session after slipping 0.77 percent on Friday.
  • Arbutus Biopharma Corp (NASDAQ: ABUS) shares rose 5.3 percent to $4.00 in pre-market trading after gaining 1.33 percent on Friday.
  • Pandora Media Inc (NYSE: P) rose 5.1 percent to $8.70 in pre-market trading after Recode reported that Pandora CEO Tim Westergren is planning to step down. Pacific Crest upgraded Pandora from Underweight to Sector Weight.
  • Conn's Inc (NASDAQ: CONN) shares rose 5 percent to $17.95 in pre-market trading. Point72 Asset Management disclosed a 5.3% percent stake in Conn's.
  • Yum! Brands, Inc. (NYSE: YUM) rose 2 percent to $76.13 in pre-market trading. Collins Restaurants South Pty Ltd announced the acquisition of 28 KFC restaurants from Yum! Brands, Inc. (NYSE: YUM) for A$110.2 million in cash.

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Losers

  • Arconic Inc (NYSE: ARNC) shares fell 15.4 percent to $21.60 in pre-market trading as the company said in emails it knowingly supplied flammable panels for use in Grenfell Tower.
  • DryShips Inc. (NASDAQ: DRYS) shares fell 7.8 percent to $2.25 in pre-market trading after tumbling 13.78 percent on Friday.
  • AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) fell 7.4 percent to $17.00 in pre-market trading. AMAG Pharmaceuticals disclosed that its supplemental new Drug application for Makena has been accepted by the FDA.
  • Gold Fields Limited (ADR) (NYSE: GFI) shares fell 5 percent to $3.46 after rising 0.55 percent on Friday.
  • Associated Capital Group Inc (NYSE: AC) fell 4.9 percent to $31.00 in pre-market trading after dropping 2.83 percent on Friday.
  • First Majestic Silver Corp (NYSE: AG) shares fell 4.2 percent to $8.04 in pre-market trading after gaining 2.82 percent on Friday.
  • Stratasys, Ltd. (NASDAQ: SSYS) shares fell 4 percent to $26.50 in the pre-market trading session. Goldman Sachs downgraded Stratasys from Neutral to Sell.
  • GrubHub Inc (NYSE: GRUB) fell 3.6 percent to $45.98 in pre-market trading. Morgan Stanley downgraded GrubHub from Overweight to Equal-Weight.
  • Silver Standard Resources Inc. (USA) (NASDAQ: SSRI) fell 3.6 percent to $9.60 in pre-market trading after rising 2.47 percent on Friday.
  • Digimarc Corp (NASDAQ: DMRC) shares fell 3.5 percent to $39.20 in pre-market trading after the company reported a 500,000 share direct offering at $35.55 per share.
  • Sibanye Gold Ltd (ADR) (NYSE: SBGL) fell around 3.2 percent to $4.93 in pre-market trading after gaining 1.60 percent on Friday.
  • AngloGold Ashanti Limited (ADR) (NYSE: AU) fell 2.9 percent to $10.29 in pre-market trading after gaining 1.05 percent on Friday.
 

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