25 Stocks Moving In Wednesday's Pre-Market Session

Gainers

• China Auto Logistics Inc CALI gained 15.8 percent to $2.42 after gaining 0.48 percent on Tuesday.
• Cascadian Therapeutics Inc (USA) CASC shares rose 7 percent to $4.14 in the pre-market trading session after the company disclosed that it has been granted Orphan Drug Designation for Tucatinib for the treatment of colorectal cancer.
• Finjan Holdings, Inc. FNJN rose 8.3 percent to $2.42 in pre-market trading after gaining 2.52 percent on Tuesday.
• Cempra Inc CEMP shares rose 8.2 percent to $3.30 in pre-market trading after declining 3.17 percent on Tuesday.
• CareDx Inc CDNA rose 7.8 percent to $4.44 in pre-market trading. Raymond James upgraded CareDx from Market Perform to Outperform.
• Editas Medicine Inc EDIT shares rose 7.4 percent to $21.80 in pre-market trading after the company disclosed that it has received EMA Orphan Medicinal Product designation for EDIT-101.
• ITUS Corp ITUS rose 6.2 percent to $5.30 in pre-market trading after surging 29.61 percent on Tuesday.
• Dave & Buster's Entertainment, Inc. PLAY rose 5.9 percent to $55.49 in pre-market trading after dropping 1.21 percent on Tuesday.
• Zealand Pharma A/S ZEAL rose 5.6 percent to $19.09 in pre-market trading. Goldman Sachs initiated coverage on Zealand Pharma with a Buy rating..
• Micron Technology, Inc. MU rose 5.5 percent to $36.05 in pre-market trading after the company reported stronger-than-expected results for its fourth quarter.
• Twilio Inc TWLO rose 5.4 percent to $29.01 in pre-market trading following news that Amazon's AWS Pinpoint launched 2-way text messaging.
• Versartis Inc VSAR rose 5.4 percent to $2.95 in pre-market trading after gaining 14.29 percent on Tuesday.
• Pearson PLC (ADR) PSO rose 4.4 percent to $8.12 in pre-market trading after falling 0.51 percent on Tuesday.
• Axovant Sciences Ltd AXON rose 4.3 percent to $6.60 in pre-market trading after dipping 73.90 percent on Tuesday.
• Acacia Research Corp ACTG shares rose 4 percent to $5.25 in pre-market trading after climbing 4.12 percent on Tuesday.

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Losers

• Kornit Digital Ltd KRNT fell 24.2 percent to $13.00 in pre-market trading after the company lowered its Q3 sales outlook. Citigroup downgraded Kornit Digital from Buy to Neutral.
• Westlake Chemical Partners LP WLKP shares fell 9.8 percent to $21.65 in pre-market trading. Westlake Chemical Partners reported a 4.5 million common unit offering and reported the purchase of added 5 percent limited partner interest in Westlake Chemical OpCo for $229.2 million.
• Harmonic Inc HLIT shares fell 6.7 percent to $2.80 in pre-market trading after rising 1.69 percent on Tuesday.
• Izea Inc IZEA fell 6.5 percent to $6.19 in pre-market trading after gaining 36.49 percent on Tuesday.
• JinkoSolar Holding Co., Ltd. JKS fell 4.7 percent to $24.35 in pre-market trading. JinkoSolar reported up to $100 million at-the-market offering.
• Nike Inc NKE shares fell 3.5 percent to $51.85. Nike reported better-than-expected earnings for its first quarter on Tuesday.
• SunPower Corporation SPWR shares fell 3.5 percent to $6.97 in pre-market trading. Morgan Stanley downgraded SunPower from Equal-Weight to Underweight.
• Ascendis Pharma A/S ASND fell 3.4 percent to $35.85 in pre-market trading. Ascendis Pharma priced 3.8 million ADS offering at $35.50 per ADS.
• Tenet Healthcare Corp THC shares fell 3 percent to $15.05 in pre-market trading after rising 0.78 percent on Tuesday.
• Tile Shop Hldgs, Inc. TTS fell 2.7 percent to $14.30 in pre-market trading. PiperJaffray downgraded Tile Shop from Overweight to Neutral.