10 Stocks Moving In Friday's Pre-Market Session


Gainers

  • Alphatec Holdings Inc ATEC rose 21.1 percent to $5.00 in pre-market trading after the company disclosed that it has completed the sale of its international business to Globus Medical.
  • MGT Capital Investments Inc. MGT shares rose 7.5 percent to $3.45 in pre-market trading as the company disclosed that it has filed to withdraw registration statement on Form S-3.
  • Oclaro, Inc. OCLR rose 2.6 percent to $8.34 in pre-market trading after gaining 3.17 percent on Thursday.

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Losers

  • VeriFone Systems Inc PAY shares fell 16.7 percent to $16.75 in pre-market trading. VeriFone reported upbeat earnings for its third quarter, but sales missed expectations. The company also lowered its guidance for 2016.
  • Lululemon Athletica inc. LULU shares fell 8.7 percent to $69.98 in pre-market trading. Lululemon reported in-line earnings for the second quarter, but revenue missed analysts’ estimates. The company also issued a weak earnings forecast for the current quarter.
  • Carnival Corp CCL shares fell 4.1 percent to $46.70 in pre-market trading. Morgan Stanley downgraded Carnival from Equal-weight to Underweight and lowered the price target from $54.00 to $48.00.
  • Ambarella Inc AMBA shares fell 3.9 percent to $69.01 in pre-market trading. Ambarella posted stronger-than-expected results for the second quarter on Thursday. However, the company issued disappointing gross profit margin guidance for the ongoing quarter.
  • Broadcom Ltd AVGO fell 1.3 percent to $174.80 in pre-market trading. Broadcom reported upbeat earnings for its third quarter on Thursday.
  • Smith & Wesson Holding Corp SWHC shares fell 1.2 percent to $29.25 in pre-market trading. Smith & Wesson posted better-than-expected results for the first quarter and issued a strong forecast for the current quarter.
  • Skypeople Fruit Juice Inc SPU shares fell 1.2 percent to $11.39 in pre-market trading after dropping 8.57 percent on Thursday.
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