36 Stocks Moving In Wednesday's Pre-Market Session

Gainers

  • Melinta Therapeutics, Inc. MLNT shares rose 50% to $2.97 in pre-market trading after the company reports FDA acceptance of supplemental New Drug Application for BAXDELA for the treatment of community-acquired bacterial pneumonia.
  • MYOS Corporation MYOS rose 19.3% to $1.55 in pre-market trading after the company disclosed positive top-line results from a study evaluating the impact of Fortetropin on the rate of muscle protein synthesis in older men and women.
  • Axalta Coating Systems Ltd. AXTA rose 14.6% to $29.60 in pre-market trading after the company reported initiation of review of strategic alternatives.
  • Edesa Biotech, Inc. EDSA rose 10.3% to $4.30 in pre-market trading. Lumira Capital disclosed a 22.6% stake in Edesa Biotech.
  • Sorrento Therapeutics, Inc. SRNE rose 9.7% to $4.06 in pre-market trading after the company issued updates on results of Phase 1b RTX in knee osteoarthritis pain trial.
  • Taiwan Semiconductor Manufacturing Company Limited TSM rose 7.1% to $42 in pre-market trading after surging 4.12% on Tuesday.
  • AK Steel Holding Corporation AKS rose 6.3% to $2.35 in pre-market trading after gaining 5.74% on Tuesday.
  • ArQule, Inc. ARQL rose 5.9% to $9.91 in pre-market trading.
  • Granite Construction Incorporated GVA rose 5.3% to $47.00 in pre-market trading after the company disclosed that its joint venture with Teichert has won a $275 million contract by the California Department of Transportation for SAC 5 Corridor Enhancement Project.
  • Abercrombie & Fitch Co. ANF rose 5.1% to $16.54 in pre-market trading.
  • Adobe Inc. ADBE rose 4.4% to $288.83 in pre-market trading after the company reported better-than-expected Q2 EPS and sales results.
  • Switch, Inc. SWCH rose 4% to $13.80 in pre-market trading.
  • STMicroelectronics N.V. STM rose 3.8% to $16.71 in pre-market trading. Morgan Stanley initiated coverage on STMicroelectronics with an Overweight rating.
  • Incyte Corporation INCY rose 3.8% to $87.49 in pre-market trading.
  • Jabil Inc. JBL gained 3.6% to $28.30 in pre-market trading. Jabil reported in-line earnings for its third quarter, while sales exceeded estimates. The company also issued in-line Q4 guidance.
  • United States Steel Corporation X shares rose 3.6% to $15.10 in pre-market trading. US Steel projects Q2 adjusted earnings of $0.40 per share and adjusted EBITDA of $250 million.
  • SciPlay Corporation SCPL rose 3.4% to $14.50 in pre-market trading.
  • Riot Blockchain, Inc. RIOT rose 3.4% to $2.78 in pre-market trading after falling 4.27% on Tuesday.


Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Check out these big penny stock gainers and losers

Losers

  • Sesen Bio Inc SESN shares fell 27.7% to $1.33 in pre-market trading. Sesen Bio priced its 20.41 million share offering at $1.47 per share.
  • QuickLogic Corporation QUIK fell 25.4% to $0.53 in pre-market trading after the company reported a common stock offering with no disclosed size.
  • Calithera Biosciences, Inc. CALA fell 13.5% to $4.10 in pre-market trading after the company priced its 12.5 million share offering of common stock at $4.00 per share.
  • MoneyGram International, Inc. MGI shares fell 10.8% to $3.46 in pre-market trading after climbing 167.59% on Tuesday.
  • MACOM Technology Solutions Holdings, Inc. MTSI fell 9.7% to $13.02 in pre-market trading after the company announced a restructuring including a workforce reduction and said it will no longer invest in optical modules for data center applications. The company cut Q3 EPS and sales guidance.
  • La-Z-Boy Incorporated LZB fell 9.4% to $27.00 in pre-market trading after the company reported worse-than-expected Q4 EPS and sales results.
  • Cherokee Inc CHKE fell 8.8% to $0.73 in pre-market trading after the company reported worse-than-expected Q1 EPS and sales results.
  • Kura Oncology, Inc. KURA fell 8.4% to $17.20 in pre-market trading after the company priced a 5.9 million share offering of common stock at $17 per share.
  • Cesca Therapeutics Inc. KOOL fell 7.7% to $2.86 in pre-market trading after rising 11.11% on Tuesday.
  • Winnebago Industries, Inc. WGO fell 6.4% to $36.10 in pre-market trading. Winnebago reported upbeat earnings for its third quarter, while sales missed views.
  • Middlesex Water Company MSEX fell 5.9% to $55.80 in pre-market trading.
  • YY Inc. YY fell 5.1% to $73.24 in pre-market trading after the company reported a proposed offering of US$850 million convertible senior note.
  • Capricor Therapeutics, Inc. CAPR fell 5% to $3.24 in pre-market trading.
  • Avalon GloboCare Corp. AVCO fell 4.7% to $18.00 in pre-market trading.
  • Energizer Holdings, Inc. ENR fell 4.4% to $40.00 in pre-market trading. JP Morgan downgraded Energizer from Neutral to Underweight and lowered the price target from $45 to $36.
  • Genocea Biosciences Inc GNCA shares fell 4.3% to $4.90 in pre-market trading after the company reported a 10 million shares common stock offering.
  • 3D Systems Corporation DDD fell 4% to $8.02 in pre-market trading.
  • SunPower Corporation SPWR fell 3.7% to $9.78 in pre-market trading. Raymond James downgraded SunPower from Outperform to Market Perform.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMovers & ShakersPre-Market OutlookMarketsMoversTrading IdeasGeneral#PreMarket GainersConsumer DiscretionaryHealth CareHealth Care EquipmentHome FurnishingsLosersTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!