18 Stocks Moving in Thursday's Pre-Market Session

Gainers

• Ra Pharmaceuticals, Inc. RARX shares rose 107.4% to $47.06 in pre-market trading after UCB agreed to acquire Ra Pharmaceuticals for $48 per share in cash.
• Bed Bath & Beyond Inc. BBBY rose 21.5% to $12.08 in pre-market trading after the company announced Mark Tritton will succeed Mary Winston as CEO. He was also named President. Telsey Advisory Group upgraded Bed Bath & Beyond from Market Perform to Outperform and raised the price target from $14 to $16.
• Pure Storage, Inc. PSTG shares rose 6.1% to $17.35 in pre-market trading. Goldman Sachs upgraded Pure Storage from Neutral to Buy and raised the price target from $18 to $21.
• Navios Maritime Acquisition Corporation NNA rose 5.1% to $9.81 in pre-market trading after gaining 5.66% on Wednesday.
• GoPro, Inc. GPRO rose 4.2% to $3.65 in pre-market trading.
• Qorvo, Inc. QRVO rose 3% to $75.43 in pre-market trading. Cowen & Co. upgraded Qorvo from Market Perform to Outperform.
• Skyworks Solutions, Inc. SWKS rose 2.7% to $82.89 in pre-market trading. Cowen & Co. upgraded Skyworks Solutions from Market Perform to Outperform.
• ArcelorMittal MT shares rose 2.7% to $13.44 in pre-market trading.
• Match Group, Inc. MTCH rose 2.5% to $77.89 in pre-market trading. Oppenheimer upgraded Match Group from Perform to Outperform.
• Freeport-McMoRan Inc. FCX rose 2.4% to $8.75 in pre-market trading. UBS upgraded Freeport-McMoRan from Neutral to Buy.

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Check out these big penny stock gainers and losers

Losers

• PG&E Corporation PCG shares fell 32.6% to $7.40 after the company issued updates on public safety power shutoff. Also, a federal bankruptcy judge ruled the company longer has the sole right to shape the terms of its reorganization.
• HEXO Corp. HEXO shares fell 10.3% to $3.30 in pre-market trading. • HEXO reported preliminary Q4 net sales of $14.5 million to $16.5 million and FY19 sales of $46.5 million to $48.5 million.
• Koninklijke Philips N.V. PHG fell 8.2% to $41.95 in pre-market trading. Royal Philips said it expects group sales for Q3 of €4.7 billion and adjusted EBITDA of €583 million.
• Sogou Inc. SOGO fell 6.4% to $5.00 in the pre-market trading session.
• NetApp, Inc. NTAP fell 4.2% to $49.25 in pre-market trading. Goldman Sachs downgraded NetApp from Buy to Sell and lowered the price target from $61 to $45.
• Vipshop Holdings Limited VIPS fell 3.1% to $8.40 in pre-market trading.
• HP Inc. HPQ shares fell 2.9% to $15.93 in pre-market trading after Goldman Sachs downgraded the company's stock from Neutral to Sell and lowered the price target from $18 to $14.
• Coupa Software Incorporated COUP shares fell 2.4% to $146.50 in pre-market trading.