Market Overview

26 Stocks Moving in Wednesday's Pre-Market Session

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26 Stocks Moving in Wednesday's Pre-Market Session

Gainers

  • Healthequity Inc (NASDAQ: HQY) shares rose 14.1% to $69.90 in pre-market trading after the company reported better-than-expected Q3 EPS and sales results. The company also issued FY20 EPS and sales guidance above analyst estimates.
  • Rapt Therapeutics Inc (NASDAQ: RAPT) rose 8.2% to $27.00 in pre-market trading after the company announced a collaboration with Hanmi Pharmaceutical to develop and commercialize FLX475 in Asia. Rapt is set to receive $10 million upfront and $108 million total milestones
  • Tata Motors Limited ADR (NYSE: TTM) shares rose 7.4% to $11.75 in pre-market trading after the company reported strong US Land Rover sales and announced it will be raising passenger vehicle prices starting in 2020.
  • GoPro Inc (NASDAQ: GPRO) rose 5% to $4.05 in pre-market trading after reporting its HERO8 Black set a record for the best-selling GoPro ever over Black Friday/Cyber Monday. The company reported 30% year-over-year growth in total camera unit sell-through at major U.S. retailers.
  • ICICI Bank Limited (NYSE: IBN) rose 4.7% to $14.65 in pre-market trading.
  • GTT Communications, Inc. (NYSE: GTT) shares rose 4.4% to $9.80 in pre-market trading after gaining 4.22% on Tuesday.
  • HEXO Corp. (NYSE: HEXO) rose 4.2% to $2.25 in pre-market trading. HEXO is expected to release its Q1 financial results on Monday, December 16, 2019.
  • Axsome Therapeutics, Inc. (NASDAQ: AXSM) rose 4% to $47.40 in pre-market trading after climbing 15.12% on Tuesday.
  • ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) rose 3.1% to $2.70 in pre-market trading after falling 49.62% on Tuesday.
  • NetEase, Inc. (NASDAQ: NTES) rose 3% to $326.50 in pre-market trading. Goldman Sachs upgraded NetEase from Neutral to Buy and raised the price target from $300 to $368.
  • NIO Limited (NYSE: NIO) shares rose 3% to $2.47 in pre-market trading.
  • Microchip Technology Inc. (NASDAQ: MCHP) rose 2.5% to $94.05 in pre-market trading after reporting third quarter preliminary adjusted earnings guidance of $1.19-$1.30, against a $1.22 per share consensus estimate.

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Check out these big penny stock gainers and losers

Losers

  • ViewRay, Inc. (NASDAQ: VRAY) fell 12.2% to $3.90 in pre-market trading after the company priced its 41.55 million share common stock offering at $3.13 per share. B. Riley downgraded ViewRay from Buy to Neutral and lowered the price target from $9 to $5.
  • Revance Therapeutics Inc (NASDAQ: RVNC) fell 12% to $17.75 in the pre-market trading session after the company announced a proposed public offering of common stock with no disclosed size.
  • Relmada Therapeutics Inc (NASDAQ: RLMD) fell 11.3% to $30.57 in pre-market trading. Relmada Therapeutics priced its 3.3 million share public offering of common stock at $30 per share.
  • Cannae Holdings Inc (NYSE: CNNE) shares fell 9.3% to $33.42 in pre-market trading. Cannae Holdings priced its upsized 6.5 million share public offering of common stock for gross proceeds of $214,500,000.
  • Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) fell 9% to $62.50 in pre-market trading after the company priced its 4 million share common stock offering at $58 per share.
  • Immunomedics, Inc. (NASDAQ: IMMU) fell 7.8% to $17.51 in pre-market trading after the company announced a proposed offering of $250 million of common stock.
  • Adamas Pharmaceuticals Inc (NASDAQ: ADMS) fell 7.7% to $6.01 in pre-market trading after the company filed for a common stock offering of up to $50 million.
  • Orange S.A. (NYSE: ORAN) fell 5.3% to $15.17 in pre-market trading.
  • Zscaler Inc (NASDAQ: ZS) shares fell 4.7% to $50.30 in pre-market trading despite reporting a first quarter earnings beat. The company issued weak second quarter earnings guidance.
  • PAVmed Inc (NASDAQ: PAVM) fell 4.5% to $0.85 in pre-market trading after the company filed for 18.92 million share common stock offering by selling shareholders.
  • Montage Resources Corporation (NYSE: MR) fell 3.8% to $4.83 in pre-market trading.
  • Kodiak Sciences Inc. (NASDAQ: KOD) fell 3.5% to $47.50 in pre-market trading. Kodiak Sciences priced its 6 million share public offering of common stock at $46 per share.
  • Workday, Inc. (NASDAQ: WDAY) fell 3.5% to $167.40 in pre-market trading. Workday reported a solid third quarter earnings beat.
  • Myovant Sciences Ltd. (NYSE: MYOV) fell 3.3% to $18.00 in pre-market trading.

Posted-In: Premarket MoversNews Movers & Shakers Pre-Market Outlook Markets Movers Trading Ideas General

 

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