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Cigna Corporation CI stock gained nearly 2 percent early Thursday morning after The Wall Street Journal reported Wednesday notable activist investor Carl Icahn amassed a "sizable stake" and will vote against the insurer company's $54 billion proposed acquisition of Express Scripts Holding Co ESRX. Cigna also reported a better-than-expected second-quarter beat and issued upbeat full-year 2018 sales guidance.

Tesla Inc TSLA was trading higher by nearly 9 percent after the electric automaker reported its second-quarter results. Tesla said it lost $3.06 per share in the quarter on revenue of $4.002 billion versus expectations of a $2.81 per share loss and $3.97 billion. The company guided to become "sustainably profitable and cash flow positive" in the back half of 2018.

Quarterhill Inc QTRH was trading higher by 30 percent after its patent licensing company subsidiary WiLan won a $145.1 million verdict against Apple Inc. AAPL in a patent infringement suit.

DexCom, Inc. DXCM was trading higher by more than 20 percent after the developer of glucose monitoring systems reported its second-quarter results. The company said it lost 10 cents per share in the quarter on revenue of $242.5 million versus expectations of an 18 cent per share loss and $205.68 million. Management also lifted its full year 2018 sales outlook from $850-$860 million to $925 million versus expectations of $862.25 million.

InnSuites Hospitality Trust IHT was trading higher by nearly 90 percent after the nano-cap REIT said it reached an agreement to sell its Yuma Hospitality Property for $16.25 million. Investors and traders should be reminded the REIT is a low float stock with 2.3 million shares outstanding and could be susceptible to low-float manipulate as has been seen in other names over the past few months.

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