10 Stocks Moving In Tuesday's Pre-Market Session

Gainers Newport Corp NEWP shares rose 50.40 percent to $22.62 in pre-market trading. MKS Instruments, Inc. MKSI announced plans to buy Newport for $980 million. Newport reported upbeat Q4 earnings. Momo Inc (ADR) MOMO shares rose 10.78 percent to $11.10 in the pre-market trading session after gaining 8.21 percent on Monday. Texas Roadhouse Inc TXRH shares rose 4.33 percent to $38.55 in the pre-market trading session after the company reported upbeat earnings for the fourth quarter on Monday. Home Depot Inc HD shares rose 3.23 percent to $126.80 in pre-market trading after the company reported stronger-than-expected Q4 results and raised its dividend. Frontier Communications Corp FTR shares rose 2.66 percent to $4.63 in pre-market trading after the company reported better-than-expected Q4 earnings. Losers Fitbit Inc FIT shares fell 14.20 percent to $14.14 in pre-market trading. Fitbit reported better-than-expected results for its fourth quarter on Monday, but the company issued a weak profit forecast for the current quarter. Western Digital Corp WDC shares fell 8.92 percent to $41.99 in pre-market trading. Western Digital said that agreement with Unisplendour and Unis Union Information System to make a $3.775 billion equity investment in Western Digital has been terminated by Unis Union following a decision by the Committee on Foreign Investment in the United States to conduct an investigation. Western Digital expects transaction with SanDisk Corporation SNDK to close during the second quarter of 2016. Cabot Oil & Gas Corporation COG shares fell 5.13 percent to $20.43 in pre-market trading after the company announced a public offering of its common stock. Cabot Oil & Gas reported after Monday's market close that it has priced an upsized public offering of 44 million shares of its common stock at a price of $20.00 per share. SanDisk Corporation SNDK fell 4.99 percent to $64.30 in pre-market trading after declining 1.70 percent on Monday. Century Aluminum Co CENX shares fell 4.02 percent to $6.93 in pre-market trading. BMO Capital downgraded Century Aluminum from Outperform to Market Perform.