10 Stocks Moving In Wednesday's Pre-Market Session

Gainers

Capnia Inc CAPN shares rose 37.98 percent to $1.78 in pre-market trading as the company reported an exclusive nationwide distribution agreement for CoSense on Tuesday.

Fate Therapeutics Inc FATE shares rose 14.52 percent to $2.84 in pre-market trading on announcement that the U.S. Food and Drug Administration has cleared the biopharmaceutical company’s investigational new drug (IND) application for ProTmune.

Biogen Inc BIIB shares rose 5.82 percent to $275.00 in the pre-market trading session after the company reported better-than-expected Q4 results.

FedEx Corporation FDX shares rose 2.12 percent to $130.00 in pre-market trading after the company reported a 25 million share repurchase program.

American Airlines Group Inc AAL rose 1.24 percent to $40.13 in the pre-market trading session. UBS upgraded American Airlines Group from Neutral to Buy.

Losers

VMware, Inc. VMW shares fell 10.32 percent to $44.21 in pre-market trading. VMware reported better-than-expected results for its fourth quarter on Tuesday. The company issued a weak forecast for 2016 and announced plans to cut around 800 jobs.

Boeing Co BA shares fell 6.37 percent to $119.85 in the pre-market trading. Boeing reported upbeat Q4 earnings, but the company issued a weak forecast for 2016.

Ericsson (ADR) ERIC shares fell 5.62 percent to $9.07 in pre-market trading on Q4 results. Ericsson posted Q4 operating profit of 11.0 billion crowns, up from 6.3 billion in the year-ago period.

Apple Inc. AAPL fell 3.64 percent to $96.35 in pre-market trading. Apple reported upbeat earnings for its first quarter, but the company missed sales expectations.

Bed Bath & Beyond Inc. BBBY fell 2.86 percent to $42.80 in the pre-market trading session. Citigroup downgraded Bed Bath & Beyond from Neutral to Sell.