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Twitter Inc (NYSE:TWTR) gained more than 20 percent and traded above the $30 per share level for the first time since 2015. The social media company reported a surprise beat in its fourth quarter results which also happens to be its first ever quarter of profitability.

NVIDIA Corporation (NASDAQ:NVDA) gained 2 percent ahead of Thursday's opening bell. The company is scheduled to report its fourth quarter results after Thursday's close and is expected to earn $1.16 per share on revenue of $2.67 billion.

Infinera Corp. (NASDAQ:INFN) soared higher by more than 20 percent after the networking equipment provider reported its fourth quarter results. Infinera said it lost 12 cents in the fourth quarter on revenue of $195.8 million, while Wall Street analysts were expecting the company to lose 13 cents per share on revenue of $190.26 million.

Madrigal Pharmaceuticals Inc (NASDAQ:MDGL) lost nearly 3 percent after the clinical-stage biopharmaceutical announced an update to an ongoing clinical trial. The company's therapy, MGL-3196, realized significant improvement in the reduction of LDL cholesterol compared to a placebo.

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