10 Stocks Moving In Tuesday's Pre-Market Session

Gainers

Cleco Corporation CNL rose 13.31 percent to $55.26 in pre-market trading after the company confirmed that the Louisiana Public Service Commission (LPSC) voted to approve a sale of the company.

Ambarella Inc AMBA shares rose 6.34 percent to $43.29 in pre-market trading. Morgan Stanley upgraded Ambarella from Equal-weight to Overweight.

Alder Biopharmaceuticals Inc ALDR shares rose 3.19 percent to $26.52 in pre-market trading after surging 49.59 percent on Monday. Credit Suisse maintained Alder BioPharmaceuticals with a Outperform and raised the price target to $40.00.

GoPro Inc GPRO shares gained 2.17 percent to $11.75 in pre-market trading after falling 7.41 percent on Monday.

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

Losers

Sunedison Inc SUNE shares fell 35.23 percent to $0.82 in pre-market trading following a report of the SEC investigation on liquidity concerns.

TrovaGene Inc TROV shares fell 31.51 percent to $3.50 in pre-market trading after the company announced the termination of its CEO and CFO for cause. TrovaGene announced after Monday's market close that its Board of Directors terminated the employment of its CEO Antonius Schuh and CFO Stephen Zaniboni. The company has also filed a complaint with the Superior Court of the State of California against the two executives for a breach of fiduciary duty.

TerraForm Global Inc GLBL shares fell 18 percent to $2.05 in pre-market trading. TerraForm Power will delay its annual report for the fiscal year ended December 31, 2015.

Puma Biotechnology Inc PBYI shares fell 15.50 percent to $29.76 in pre-market trading after the company issued an update to the timeline for the filing of a new drug application. Puma Biotechnology will submit the NDA for neratinib in mid-2016. According to a press release, the decision was based on the company’s recent meetings with the U.S. Food and Drug Administration.

TerraForm Power Inc TERP shares fell 7.91 percent to $7.80 in pre-market trading.

Iconix Brand Group Inc ICON shares fell 2.33 percent to $7.95 in pre-market trading as the company reported downbeat earnings for its fourth quarter on Monday.