Gainers
- Power Solutions International Inc PSIX rose 46.3 percent to $9.36 in pre-market trading after Weichai America reported a $60 million investment in the company.
- Ocean Power Technologies Inc OPTT rose 27.7 percent to $2.77 in pre-market trading after gaining 2.36 percent on Monday.
- Cara Therapeutics Inc CARA rose 15.7 percent to $20.99 in pre-market trading as the company reported that Part A of Phase 2/3 trial of I.V. CR845 has met both primary and secondary endpoints.
- Pernix Therapeutics Holdings Inc PTX rose 13.9 percent to $4.75 in pre-market trading. Pernix Therapeutics is expected to report earnings today.
- Ocwen Financial Corp OCN shares rose 12.5 percent to $5.50 in pre-market trading. Reuters reported that Ocwen entered into Consent Order with the NY Dept. of Financial Services.
- Safe Bulkers, Inc. SB shares rose 10.1 percent to $2.08 in pre-market trading. Morgan Stanley upgraded Safe Bulkers from Equal-Weight to Overweight.
- Editas Medicine Inc EDIT rose 7.5 percent to $22.25 in pre-market trading after gaining 7.42 percent on Monday.
- Highpower International Inc HPJ shares rose 6.7 percent to $4.00 in pre-market trading. Highpower reported Q4 earnings of $0.42 per share on revenue of $173.9 million.
- Golden Ocean Group Ltd GOGL rose 6.7 percent to $7.92 in pre-market trading. Morgan Stanley upgraded Golden Ocean Group from Underweight to Overweight.
- TESARO Inc TSRO rose 6.4 percent to $166.69 in pre-market trading. The company announced FDA approval of niraparib and plans to initiate registration processes for expanded indications of metastatic ovarian, breast and lung cancers.
- Star Bulk Carriers Corp. SBLK shares rose 6.1 percent to $10.74 in pre-market trading. Morgan Stanley upgraded Star Bulk Carriers from Underweight to Overweight.
- Red Hat Inc RHT rose 5.6 percent to $86.78 in pre-market trading. Red Hat reported in-line earnings or its fourth quarter, while sales exceeded expectations. The company also issued a strong forecast for FY 2017.
- Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM rose 5.5 percent to $35.00 in pre-market trading after gaining 1.10 percent on Monday.
- Darden Restaurants, Inc. DRI shares rose 4.5 percent to $79.00 in pre-market trading after the company reported upbeat earnings for its fourth quarter and raised its FY 2017 guidance. The company also announced plans to acquire Cheddar's Scratch Kitchen for $780 million.
- Tesla Inc TSLA shares rose 2 percent to $275.50 in pre-market trading after Tencent Holdings Ltd reported a 5 percent passive stake in the company.
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Losers
- CryoPort Inc CYRX fell 44.3 percent to $2.09 in pre-market trading. Cryoport reported a proposed public offering of common stock.
- Digital Ally, Inc. DGLY dropped 13 percent to $4.00 in pre-market trading after reporting downbeat quarterly results.
- X T L Biopharmaceuticals Ltd (ADR) XTLB fell 11.8 percent to $2.25 in pre-market trading after slipping 0.78 percent on Monday.
- Galmed Pharmaceuticals Ltd GLMD fell 8.1 percent to $4.20 in pre-market trading after rising 2.47percent on Monday.
- New Concept Energy, Inc. GBR shares fell 7.4 percent to $2.50 in pre-market trading after surging 53.41 percent on Monday.
- Cempra Inc CEMP fell 6.7 percent to $4.06 in pre-market trading after the company disclosed that it has withdrawn its solithromycin marketing authorization application in Europe.
- HTG Molecular Diagnostics Inc HTGM shares fell 5.2 percent to $9.05 in the pre-market trading session after dropping 1.04 percent on Monday.
- Evolent Health Inc EVH shares fell 5 percent to $20.20 in pre-market trading. Evolent Health priced its secondary public offering of Class A common stock.
- Mechel PAO (ADR) MTL fell 3.3 percent to $5.02 in pre-market trading after gaining 7.68 percent on Monday.
- Aurinia Pharmaceuticals Inc AUPH fell 3.3 percent to $7.49 in pre-market trading after declining 3.49 percent on Monday.
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